GoldMining Inc. Expected to Post Q2 2024 Earnings of ($0.01) Per Share (NYSEAMERICAN:GLDG)

GoldMining Inc. (NYSEAMERICAN:GLDG) – Stock analysts at Roth Capital issued their Q2 2024 earnings estimates for GoldMining in a research note issued to investors on Tuesday, May 7th. Roth Capital analyst J. Reagor expects that the company will earn ($0.01) per share for the quarter. The consensus estimate for GoldMining’s current full-year earnings is ($0.06) per share. Roth Capital also issued estimates for GoldMining’s Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2025 earnings at ($0.07) EPS.

GoldMining (NYSEAMERICAN:GLDG) last announced its quarterly earnings results on Friday, April 12th. The company reported ($0.01) earnings per share (EPS) for the quarter.

GoldMining Price Performance

Shares of GLDG opened at $0.82 on Thursday. The company has a 50 day moving average of $0.86. The stock has a market capitalization of $150.87 million, a P/E ratio of -7.41 and a beta of 1.08. GoldMining has a 1-year low of $0.76 and a 1-year high of $1.13.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GoldMining stock. Van ECK Associates Corp lifted its stake in GoldMining Inc. (NYSEAMERICAN:GLDG) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,416,018 shares of the company’s stock after purchasing an additional 1,203,876 shares during the period. Van ECK Associates Corp owned 5.13% of GoldMining worth $9,173,000 as of its most recent SEC filing. 11.25% of the stock is currently owned by institutional investors.

About GoldMining

GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company's principal projects include La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project located in Alaska, the United States; and São Jorge Gold Project located in the State of Pará, Brazil.