GoldMining (TSE:GOLD) Stock Price Down 1.6% – What’s Next?

GoldMining Inc. (TSE:GOLDGet Free Report) shares were down 1.6% during mid-day trading on Wednesday . The company traded as low as C$1.22 and last traded at C$1.25. 235,513 shares changed hands during 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 Performance

The company has a quick ratio of 0.37, a current ratio of 20.42 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average price of C$1.44 and a 200 day moving average price of C$1.78. The stock has a market cap of C$267.50 million, a PE ratio of -15.62 and a beta of 1.83.

GoldMining (TSE:GOLDGet Free Report) last released its quarterly earnings data on Friday, April 10th. The company reported C($0.03) earnings per share for the quarter. As a group, research analysts forecast that GoldMining Inc. will post -0.06 earnings per share for the current year.

About GoldMining

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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.

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