GoldMining (TSE:GOLD) Stock Price Down 2.2% – Here’s What Happened

GoldMining Inc. (TSE:GOLD) shares traded down 2.2% during trading on Wednesday . The stock traded as low as C$1.75 and last traded at C$1.76. 371,400 shares were traded during trading, an increase of 18% from the average session volume of 316,030 shares. The stock had previously closed at C$1.80.

GoldMining Trading Down 2.2%

The company has a quick ratio of 0.37, a current ratio of 4.19 and a debt-to-equity ratio of 0.36. The business’s fifty day moving average is C$1.97 and its two-hundred day moving average is C$1.51. The firm has a market cap of C$369.21 million, a price-to-earnings ratio of -25.14 and a beta of 1.31.

GoldMining (TSE:GOLD) last posted its quarterly earnings data on Friday, October 10th. The company reported C$0.00 earnings per share (EPS) for the quarter. Equities analysts anticipate 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.