Nothing is Better Than GoldMining Inc (GLDG) stock at the moment

With 1.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $0.9892 whereas the lowest price it dropped to was $0.92. The 52-week range on GLDG shows that it touched its highest point at $1.08 and its lowest point at $0.75 during that stretch. It currently has a 1-year price target of $5.25. Beta for the stock currently stands at 1.45.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GLDG was up-trending over the past week, with a rise of 7.56%, but this was up by 0.41% over a month. Three-month performance surged to 16.35% while six-month performance rose 15.86%. The stock gained 19.08% in the past year, while it has lost -3.63% so far this year. A look at the trailing 12-month EPS for GLDG yields -0.09 with Next year EPS estimates of -0.10.

Float and Shares Shorts:

At present, 183.26 million GLDG shares are outstanding with a float of 182.00 million shares on hand for trading. On 2024-10-31, short shares totaled 1.81 million, which was 95.0 higher than short shares on 1727654400. In addition to Mr. Amir Adnani as the firm’s Founder & Non-Independent Co-Chairman of the Board, Mr. Alastair Still B.Sc., M.Sc., P.Geo. serves as its Chief Executive Officer.

Institutional Ownership:

Through their ownership of 0.08486 of GLDG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, GLDG reported revenue of $0.0 and operating income of -$8029000.0. The EBITDA in the recently reported quarter was -$7944000.0 and diluted EPS was -$0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GLDG since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GLDG analysts setting a high price target of 5.25 and a low target of 5.25, the average target price over the next 12 months is 5.25. Based on these targets, GLDG could surge 458.51% to reach the target high and rise by 458.51% to reach the target low. Reaching the average price target will result in a growth of 458.51% from current levels.

Analysts have provided yearly estimates in a range of -$0.11801 being high and -$0.11801 being low. For GLDG, this leads to a yearly average estimate of -$0.11801. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.