GoldMining (TSE:GOLD) Trading Up 2.7% – Should You Buy?

Shares of GoldMining Inc. (TSE:GOLDGet Free Report) traded up 2.7% during trading on Wednesday . The company traded as high as C$1.15 and last traded at C$1.15. 35,229 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 49,309 shares. The stock had previously closed at C$1.12.

GoldMining Stock Up 0.9 %

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 4.19. The company has a market capitalization of C$218.92 million, a price-to-earnings ratio of -8.92 and a beta of 1.37. The business’s 50 day moving average is C$1.20 and its 200 day moving average is C$1.23.

GoldMining Company Profile

(Get Free Report)

GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It 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.

Further Reading

Receive News & Ratings for GoldMining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoldMining and related companies with MarketBeat.com's FREE daily email newsletter.