GoldMining (TSE:GOLD) Shares Down 0.5% – Should You Sell?

GoldMining Inc. (TSE:GOLD)’s share price traded down 0.5% during mid-day trading on Tuesday . The company traded as low as C$1.93 and last traded at C$1.95. 509,570 shares were traded during mid-day trading, an increase of 66% from the average session volume of 307,165 shares. The stock had previously closed at C$1.96.

GoldMining Price Performance

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.37 and a current ratio of 4.19. The company’s fifty day moving average price is C$1.92 and its 200 day moving average price is C$1.41. The firm has a market capitalization of C$404.04 million, a price-to-earnings ratio of -27.86 and a beta of 1.79.

GoldMining (TSE:GOLD) last issued its earnings results on Friday, October 10th. The company reported C$0.00 earnings per share (EPS) for the quarter. Equities research analysts expect that GoldMining Inc. will post -0.06 earnings per share for the current year.

GoldMining Company Profile

GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and other regions of the Americas. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Whistler GoldCopper Project, located in Alaska, United States, Sao Jorge Gold Project located in the State of Para, northeastern Brazil, and Yellowknife Gold Project, located in the Northwest Territories, Canada.