GoldMining (NYSEAMERICAN:GLDG) Releases Earnings Results

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

GoldMining Stock Performance

Shares of NYSEAMERICAN:GLDG opened at $0.91 on Monday. GoldMining has a 1 year low of $0.76 and a 1 year high of $1.20. The firm’s fifty day simple moving average is $0.86.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Y Intercept Hong Kong Ltd bought a new position in GoldMining in the second quarter valued at about $39,000. Creative Planning increased its position in GoldMining by 225.8% in the fourth quarter. Creative Planning now owns 43,472 shares of the company’s stock worth $49,000 after buying an additional 30,130 shares in the last quarter. Citigroup Inc. purchased a new stake in GoldMining in the first quarter worth about $74,000. Jane Street Group LLC purchased a new stake in GoldMining in the first quarter worth about $77,000. Finally, Cibc World Market Inc. increased its position in GoldMining by 37.3% in the first quarter. Cibc World Market Inc. now owns 48,716 shares of the company’s stock worth $83,000 after buying an additional 13,241 shares in the last quarter. Institutional investors own 11.25% of the company’s stock.

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.