GoldMining (TSE:GOLD) Trading 1.9% Higher – Should You Buy?

GoldMining Inc. (TSE:GOLDGet Free Report) shares were up 1.9% on Friday . The stock traded as high as C$2.16 and last traded at C$2.14. Approximately 677,782 shares traded hands during trading, a decline of 20% from the average daily volume of 842,589 shares. The stock had previously closed at C$2.10.

GoldMining Stock Performance

The stock’s fifty day simple moving average is C$2.05 and its 200-day simple moving average is C$1.84. 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 company has a market capitalization of C$448.93 million, a PE ratio of -30.57 and a beta of 1.38.

About GoldMining

(Get Free Report)

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.

Further Reading

Receive News & Ratings for GoldMining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoldMining and related companies with MarketBeat.com's FREE daily email newsletter.