GoldMining (TSE:GOLD) Trading Up 3.8% – Still a Buy?

GoldMining Inc. (TSE:GOLDGet Free Report)’s stock price shot up 3.8% during trading on Friday . The company traded as high as C$1.36 and last traded at C$1.35. 156,403 shares were traded during trading, an increase of 26% from the average session volume of 124,052 shares. The stock had previously closed at C$1.30.

GoldMining Stock Up 3.8 %

The firm has a market capitalization of C$254.77 million, a PE ratio of -10.38 and a beta of 1.37. 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 50-day moving average price of C$1.26 and a 200 day moving average price of C$1.23.

GoldMining Company Profile

(Get Free Report)

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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