GoldMining (TSE:GOLD) Stock Price Down 1.6% – Time to Sell?

GoldMining Inc. (TSE:GOLD)’s share price fell 1.6% on Wednesday . The stock traded as low as C$1.22 and last traded at C$1.25. 235,513 shares were traded during mid-day trading, a decline of 58% from the average session volume of 554,751 shares. The stock had previously closed at C$1.27.

GoldMining Stock Down 1.6%

The stock has a 50 day moving average price of C$1.45 and a 200-day moving average price of C$1.78. The stock has a market capitalization of C$267.50 million, a P/E ratio of -15.62 and a beta of 1.83. The company has a debt-to-equity ratio of 0.11, a current ratio of 20.42 and a quick ratio of 0.37.

GoldMining (TSE:GOLD) last released its quarterly earnings data on Friday, April 10th. The company reported C($0.03) EPS for the quarter. As a group, research analysts expect that GoldMining Inc. will post -0.06 EPS 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.