GoldMining Inc. (TSE:GOLD – Get Free Report) was down 1.9% during mid-day trading on Friday . The company traded as low as C$1.01 and last traded at C$1.01. Approximately 272,768 shares were traded during mid-day trading, an increase of 117% from the average daily volume of 125,915 shares. The stock had previously closed at C$1.03.
GoldMining Price Performance
The company has a debt-to-equity ratio of 0.36, a current ratio of 4.19 and a quick ratio of 0.37. The stock has a market capitalization of C$197.59 million, a price-to-earnings ratio of -8.23 and a beta of 1.37. The stock’s 50 day simple moving average is C$1.08 and its 200-day simple moving average is C$1.14.
About GoldMining
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.
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