GoldMining (TSE:GOLD) PT Set at C$4.30 by Ventum Financial

GoldMining (TSE:GOLD) received a C$4.30 target price from research analysts at Ventum Financial in a report issued on Tuesday, BayStreet reports. The brokerage presently has a “buy” rating on the stock. Ventum Financial’s target price would indicate a potential upside of 192.52% from the company’s previous close.

GoldMining Stock Performance

TSE GOLD traded down C$0.03 during trading on Tuesday, hitting C$1.47. The company’s stock had a trading volume of 200,762 shares, compared to its average volume of 520,643. GoldMining has a 52 week low of C$1.13 and a 52 week high of C$3.10. The firm has a market cap of C$315.75 million, a P/E ratio of -12.25 and a beta of 1.81. The firm has a 50 day moving average price of C$1.33 and a 200 day moving average price of C$1.59. The company has a quick ratio of 0.37, a current ratio of 39.65 and a debt-to-equity ratio of 0.11.

GoldMining (TSE:GOLD) last posted its quarterly earnings data on Tuesday, July 14th. The company reported C($0.04) earnings per share for the quarter. Equities research analysts forecast that GoldMining will post -0.06 earnings per share for the current fiscal year.

About GoldMining

GoldMining Inc is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.SA, Brazil, Colombia, and Peru.