GoldMining (TSE:GOLD) Shares Up 1.6% – Here’s Why

GoldMining Inc. (TSE:GOLD)’s share price traded up 1.6% during mid-day trading on Monday . The company traded as high as C$1.94 and last traded at C$1.94. 626,660 shares changed hands during trading, a decline of 17% from the average session volume of 754,859 shares. The stock had previously closed at C$1.91.

GoldMining Price Performance

The company’s 50-day simple moving average is C$2.17 and its 200 day simple moving average is C$1.96. The company has a market cap of C$414.69 million, a PE ratio of -27.71 and a beta of 1.07. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.37 and a current ratio of 9.48.

GoldMining (TSE:GOLD) last posted its quarterly earnings data on Friday, February 27th. The company reported C($0.04) earnings per share for the quarter. On average, sell-side analysts predict that GoldMining Inc. will post -0.06 earnings per share for the current fiscal 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.