GoldMining (TSE:GOLD) Shares Up 1.9% – Here’s What Happened

GoldMining Inc. (TSE:GOLD)’s share price traded up 1.9% during mid-day trading on Friday . The company traded as high as C$2.16 and last traded at C$2.14. 677,782 shares traded hands during trading, a decline of 20% from the average session volume of 842,589 shares. The stock had previously closed at C$2.10.

GoldMining Stock Performance

The stock’s 50-day moving average is C$2.05 and its 200 day moving average is C$1.84. The stock has a market cap of C$448.93 million, a price-to-earnings ratio of -30.57 and a beta of 1.38. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.19 and a quick ratio of 0.37.

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.