GoldMining (TSE:GOLD) Trading 3.8% Higher – Here’s Why

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

GoldMining Stock Up 3.8 %

The business’s 50 day simple moving average is C$1.26 and its 200 day simple moving average is C$1.23. The company has a current ratio of 4.19, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of C$254.77 million, a PE ratio of -10.38 and a beta of 1.37.

About GoldMining

(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.

Featured Articles

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.