GoldMining (NYSEAMERICAN:GLDG) Releases Earnings Results

GoldMining (NYSEAMERICAN:GLDG) posted its earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, reports.

GoldMining Price Performance

GLDG stock opened at $0.91 on Monday. The company has a 50-day moving average of $0.86. GoldMining has a 52 week low of $0.76 and a 52 week high of $1.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cibc World Market Inc. grew its position in GoldMining by 37.3% in the first quarter. Cibc World Market Inc. now owns 48,716 shares of the company’s stock valued at $83,000 after acquiring an additional 13,241 shares during the last quarter. Renaissance Technologies LLC grew its position in GoldMining by 16.3% in the fourth quarter. Renaissance Technologies LLC now owns 148,500 shares of the company’s stock valued at $168,000 after acquiring an additional 20,800 shares during the last quarter. Creative Planning grew its position in GoldMining by 225.8% in the fourth quarter. Creative Planning now owns 43,472 shares of the company’s stock valued at $49,000 after acquiring an additional 30,130 shares during the last quarter. Millennium Management LLC grew its holdings in shares of GoldMining by 33.9% during the fourth quarter. Millennium Management LLC now owns 133,222 shares of the company’s stock worth $152,000 after purchasing an additional 33,721 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of GoldMining by 65.7% during the first quarter. Goldman Sachs Group Inc. now owns 90,315 shares of the company’s stock worth $154,000 after purchasing an additional 35,815 shares during the last quarter. Institutional investors own 11.25% of the company’s stock.

GoldMining Company Profile

GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also 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.