Goldmining Stock Price on February 14, 2023
| GOLD Stock | CAD 1.23 0.02 1.60% |
Below is the normalized historical share price chart for GoldMining extending back to May 16, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GoldMining stands at 1.23, as last reported on the 1st of December, with the highest price reaching 1.25 and the lowest price hitting 1.20 during the day.
If you're considering investing in GoldMining Stock, it is important to understand the factors that can impact its price. As of now, GoldMining Stock is very risky. GoldMining holds Efficiency (Sharpe) Ratio of 0.0441, which attests that the entity had a 0.0441% return per unit of risk over the last 3 months. We have found thirty technical indicators for GoldMining, which you can use to evaluate the volatility of the firm. Please check out GoldMining's Market Risk Adjusted Performance of 4.93, risk adjusted performance of 0.0526, and Downside Deviation of 1.95 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, GoldMining's Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 165.3 M, while Common Stock Shares Outstanding is likely to drop about 111.7 M. . At this time, GoldMining's Price Book Value Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Book Ratio is likely to grow to 3.16, while Price Earnings Ratio is likely to drop (6.78). GoldMining Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.216 | 50 Day MA 1.2892 | Beta 1.375 |
GoldMining |
Sharpe Ratio = 0.0441
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| Cash | Small Risk | GOLD | High Risk | Huge Risk |
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average GoldMining is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GoldMining by adding it to a well-diversified portfolio.
Price Book 2.0465 | Book Value 0.601 | Enterprise Value 224.2 M | Enterprise Value Ebitda (8.50) | Shares Float 182 M |
GoldMining Valuation on February 14, 2023
It is possible to determine the worth of GoldMining on a given historical date. On February 14, 2023 GoldMining was worth 1.51 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoldMining stock. Still, in general, we apply an absolute valuation method to find GoldMining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GoldMining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoldMining's related companies.
| Open | High | Low | Close | Volume | |
| 1.49 | 1.50 | 1.47 | 1.48 | 109,287 | |
02/14/2023 | 1.51 | 1.51 | 1.42 | 1.49 | 147,240 |
| 1.47 | 1.47 | 1.44 | 1.47 | 97,519 |
| Backtest GoldMining | | | GoldMining History | | | GoldMining Valuation | Previous | Next |
GoldMining Trading Date Momentum on February 14, 2023
| On February 15 2023 GoldMining was traded for 1.47 at the closing time. The highest price during the trading period was 1.47 and the lowest recorded bid was listed for 1.44 . The volume for the day was 97.5 K. This history from February 15, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.34% . The overall trading delta to the current price is 6.04% . |
GoldMining Fundamentals Correlations and Trends
By evaluating GoldMining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GoldMining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoldMining financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoldMining Stock history
GoldMining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GoldMining is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoldMining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GoldMining stock prices may prove useful in developing a viable investing in GoldMining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 197.7 M | 111.7 M | |
| Net Loss | -15.2 M | -14.4 M |
GoldMining Stock Technical Analysis
GoldMining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
GoldMining Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
GoldMining cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GoldMining December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoldMining shares will generate the highest return on investment. By undertsting and applying GoldMining stock market strength indicators, traders can identify GoldMining entry and exit signals to maximize returns
GoldMining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoldMining's price direction in advance. Along with the technical and fundamental analysis of GoldMining Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoldMining to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0526 | |||
| Jensen Alpha | 0.129 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 4.92 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in GoldMining Stock, please use our How to Invest in GoldMining guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.