GoldMining (TSE:GOLD) Shares Up 0.8% – What’s Next?

Shares of GoldMining Inc. (TSE:GOLDGet Free Report) were up 0.8% during trading on Thursday . The company traded as high as C$1.20 and last traded at C$1.20. Approximately 85,496 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 117,463 shares. The stock had previously closed at C$1.19.

GoldMining Stock Performance

The business has a 50-day moving average of C$1.17 and a 200 day moving average of C$1.22. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.19 and a quick ratio of 0.37. The company has a market cap of C$220.80 million, a PE ratio of -9.00 and a beta of 1.37.

About GoldMining

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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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