The closing price of GoldMining Inc (AMEX: GLDG) was $0.90 for the day, down -3.01% from the previous closing price of $0.93. In other words, the price has decreased by -$0.0280 from its previous closing price. On the day, 627207 shares were traded. GLDG stock price reached its highest trading level at $0.9400 during the session, while it also had its lowest trading level at $0.8812.
Ratios:
Our analysis of GLDG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.12 and its Current Ratio is at 10.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 19 ’23 when GoldMining Inc. bought 18,000 shares for $15.97 per share. The transaction valued at 287,446 led to the insider holds 9,848,552 shares of the business.
GoldMining Inc. bought 3,000 shares of GLDG for $44,395 on May 11 ’23. The 10% Owner now owns 9,830,552 shares after completing the transaction at $14.80 per share. On May 10 ’23, another insider, GoldMining Inc., who serves as the 10% Owner of the company, bought 5,000 shares for $13.87 each. As a result, the insider paid 69,354 and bolstered with 9,827,552 shares of the company.
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 165.99M and an Enterprise Value of 150.41M.
Stock Price History:
Over the past 52 weeks, GLDG has reached a high of $1.20, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is 0.8364, while the 200-Day Moving Average is calculated to be 0.8608.
Shares Statistics:
GLDG traded an average of 436.50K shares per day over the past three months and 682.08k shares per day over the past ten days. A total of 183.26M shares are outstanding, with a floating share count of 174.01M. Insiders hold about 5.35% of the company’s shares, while institutions hold 7.90% stake in the company. Shares short for GLDG as of Mar 15, 2024 were 2.81M with a Short Ratio of 6.45, compared to 3.04M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.53% and a Short% of Float of 1.63%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
