Market Insights: GoldMining Inc (GLDG)’s Notable Drop of -0.95, Closing at 0.91

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, GoldMining Inc’s stock clocked out at $0.91, down -0.95% from its previous closing price of $0.92. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 0.7 million shares were traded. GLDG stock price reached its highest trading level at $0.9248 during the session, while it also had its lowest trading level at $0.883.

Ratios:

To gain a deeper understanding of GLDG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.19 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLDG now has a Market Capitalization of 174659024 and an Enterprise Value of 165940368.

Stock Price History:

Over the past 52 weeks, GLDG has reached a high of $1.08, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be 2.88%.

Shares Statistics:

It appears that GLDG traded 787.04K shares on average per day over the past three months and 1029980 shares per day over the past ten days. A total of 183.26M shares are outstanding, with a floating share count of 182.17M. Insiders hold about 5.14% of the company’s shares, while institutions hold 8.25% stake in the company. Shares short for GLDG as of 1730332800 were 1805869 with a Short Ratio of 2.62, compared to 1727654400 on 2222783. Therefore, it implies a Short% of Shares Outstanding of 1805869 and a Short% of Float of 1.0.

Most Popular