GoldMining Historical Financial Ratios

GOLD Stock

CAD 1.22 0.03 2.40%

GoldMining is recently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 3.16 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate GoldMining financial condition quickly.

Quick Ratio Current Ratio

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.

About GoldMining Financial Ratios Analysis

GoldMiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate GoldMining investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on GoldMining financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across GoldMining history.

GoldMining Financial Ratios Chart

At this time, GoldMining's Net Debt To EBITDA is very stable compared to the past year. As of the 25th of November 2024, Debt To Equity is likely to grow to 0.06, while Book Value Per Share is likely to drop 0.42.

Price To Sales Ratio Ptb Ratio Book Value Per Share Average Payables Pb Ratio Gross Profit Margin

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing GoldMining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on GoldMining sales, a figure that is much harder to manipulate than other GoldMining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most ratios from GoldMining's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into GoldMining current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, GoldMining's Net Debt To EBITDA is very stable compared to the past year. As of the 25th of November 2024, Debt To Equity is likely to grow to 0.06, while Book Value Per Share is likely to drop 0.42.

	2021	2022	2023	2024 (projected)
PB Ratio	2.12	1.6	1.84	3.16
Capex To Depreciation	0.69	3.32	3.82	7.1

Pb Ratio Capex To Depreciation

GoldMining fundamentals Correlations

	Ptb Ratio	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow	Pe Ratio	Return On Tangible Assets	Ev To Free Cash Flow	Earnings Yield
Ptb Ratio		-0.61	0.46	0.32	-0.26	0.03	1.0	0.33	-0.21	-0.02	-0.14	-0.02	-0.05	-0.07	-0.74	-0.46	0.06	-0.73	-0.2	0.17	-0.22	-0.73	-0.79	-0.22	-0.71	-0.05
Book Value Per Share	-0.61		-0.04	-0.22	-0.04	-0.26	-0.61	-0.2	0.67	0.07	0.57	0.06	0.05	0.05	0.21	0.27	0.1	0.2	0.0	-0.66	0.67	0.14	0.58	0.67	0.13	0.56
Free Cash Flow Yield	0.46	-0.04		0.83	0.2	-0.56	0.46	0.88	0.48	0.3	0.41	0.31	-0.49	-0.29	-0.84	-0.31	0.21	-0.85	-0.16	-0.4	0.46	-0.86	-0.63	0.47	-0.87	0.52
Operating Cash Flow Per Share	0.32	-0.22	0.83		0.34	-0.26	0.32	0.99	0.35	0.64	0.35	0.64	-0.77	-0.5	-0.72	-0.25	-0.08	-0.71	0.08	-0.27	0.33	-0.71	-0.61	0.34	-0.7	0.41
Average Payables	-0.26	-0.04	0.2	0.34		-0.32	-0.26	0.32	0.01	0.14	-0.01	0.14	-0.28	0.01	0.15	0.31	-0.27	0.19	0.16	-0.11	0.02	0.17	0.14	0.02	0.2	-0.02
Capex To Depreciation	0.03	-0.26	-0.56	-0.26	-0.32		0.03	-0.36	-0.31	0.01	-0.2	0.01	0.1	0.14	0.23	0.12	-0.48	0.25	-0.16	0.29	-0.31	0.27	0.08	-0.32	0.29	-0.25
Pb Ratio	1.0	-0.61	0.46	0.32	-0.26	0.03		0.33	-0.21	-0.02	-0.14	-0.02	-0.05	-0.07	-0.74	-0.46	0.06	-0.73	-0.2	0.17	-0.22	-0.73	-0.79	-0.22	-0.71	-0.05
Free Cash Flow Per Share	0.33	-0.2	0.88	0.99	0.32	-0.36	0.33		0.38	0.59	0.37	0.59	-0.73	-0.48	-0.73	-0.24	0.05	-0.73	0.07	-0.3	0.36	-0.72	-0.61	0.37	-0.73	0.43
Roic	-0.21	0.67	0.48	0.35	0.01	-0.31	-0.21	0.38		0.18	0.97	0.18	-0.29	-0.15	-0.32	0.18	0.16	-0.34	-0.05	-0.94	1.0	-0.36	0.2	1.0	-0.39	0.97
Inventory Turnover	-0.02	0.07	0.3	0.64	0.14	0.01	-0.02	0.59	0.18		0.21	1.0	-0.69	-0.61	-0.31	-0.15	-0.17	-0.29	0.33	-0.14	0.17	-0.32	-0.28	0.18	-0.31	0.22
Net Income Per Share	-0.14	0.57	0.41	0.35	-0.01	-0.2	-0.14	0.37	0.97	0.21		0.21	-0.32	-0.21	-0.29	0.21	0.15	-0.32	-0.01	-0.94	0.98	-0.34	0.23	0.97	-0.37	0.99
Days Of Inventory On Hand	-0.02	0.06	0.31	0.64	0.14	0.01	-0.02	0.59	0.18	1.0	0.21		-0.69	-0.61	-0.31	-0.16	-0.17	-0.3	0.33	-0.14	0.17	-0.32	-0.28	0.18	-0.31	0.22
Payables Turnover	-0.05	0.05	-0.49	-0.77	-0.28	0.1	-0.05	-0.73	-0.29	-0.69	-0.32	-0.69		0.8	0.35	0.25	0.2	0.32	-0.55	0.23	-0.27	0.39	0.24	-0.29	0.37	-0.34
Cash Per Share	-0.07	0.05	-0.29	-0.5	0.01	0.14	-0.07	-0.48	-0.15	-0.61	-0.21	-0.61	0.8		0.19	0.32	0.05	0.17	-0.64	0.09	-0.14	0.28	0.14	-0.16	0.27	-0.24
Pocfratio	-0.74	0.21	-0.84	-0.72	0.15	0.23	-0.74	-0.73	-0.32	-0.31	-0.29	-0.31	0.35	0.19		0.45	-0.07	0.99	0.25	0.26	-0.3	0.99	0.84	-0.31	0.98	-0.4
Interest Coverage	-0.46	0.27	-0.31	-0.25	0.31	0.12	-0.46	-0.24	0.18	-0.15	0.21	-0.16	0.25	0.32	0.45		0.03	0.4	0.05	-0.11	0.2	0.5	0.47	0.19	0.46	0.13
Capex To Operating Cash Flow	0.06	0.1	0.21	-0.08	-0.27	-0.48	0.06	0.05	0.16	-0.17	0.15	-0.17	0.2	0.05	-0.07	0.03		-0.18	-0.07	-0.1	0.17	-0.08	-0.01	0.17	-0.19	0.17
Pfcf Ratio	-0.73	0.2	-0.85	-0.71	0.19	0.25	-0.73	-0.73	-0.34	-0.29	-0.32	-0.3	0.32	0.17	0.99	0.4	-0.18		0.26	0.27	-0.32	0.97	0.83	-0.33	0.99	-0.42
Days Payables Outstanding	-0.2	0.0	-0.16	0.08	0.16	-0.16	-0.2	0.07	-0.05	0.33	-0.01	0.33	-0.55	-0.64	0.25	0.05	-0.07	0.26		0.08	-0.06	0.21	0.19	-0.05	0.22	-0.04
Income Quality	0.17	-0.66	-0.4	-0.27	-0.11	0.29	0.17	-0.3	-0.94	-0.14	-0.94	-0.14	0.23	0.09	0.26	-0.11	-0.1	0.27	0.08		-0.95	0.32	-0.29	-0.95	0.33	-0.94
Roe	-0.22	0.67	0.46	0.33	0.02	-0.31	-0.22	0.36	1.0	0.17	0.98	0.17	-0.27	-0.14	-0.3	0.2	0.17	-0.32	-0.06	-0.95		-0.34	0.23	1.0	-0.37	0.98
Ev To Operating Cash Flow	-0.73	0.14	-0.86	-0.71	0.17	0.27	-0.73	-0.72	-0.36	-0.32	-0.34	-0.32	0.39	0.28	0.99	0.5	-0.08	0.97	0.21	0.32	-0.34		0.79	-0.35	0.99	-0.45
Pe Ratio	-0.79	0.58	-0.63	-0.61	0.14	0.08	-0.79	-0.61	0.2	-0.28	0.23	-0.28	0.24	0.14	0.84	0.47	-0.01	0.83	0.19	-0.29	0.23	0.79		0.22	0.78	0.13
Return On Tangible Assets	-0.22	0.67	0.47	0.34	0.02	-0.32	-0.22	0.37	1.0	0.18	0.97	0.18	-0.29	-0.16	-0.31	0.19	0.17	-0.33	-0.05	-0.95	1.0	-0.35	0.22		-0.38	0.98
Ev To Free Cash Flow	-0.71	0.13	-0.87	-0.7	0.2	0.29	-0.71	-0.73	-0.39	-0.31	-0.37	-0.31	0.37	0.27	0.98	0.46	-0.19	0.99	0.22	0.33	-0.37	0.99	0.78	-0.38		-0.47
Earnings Yield	-0.05	0.56	0.52	0.41	-0.02	-0.25	-0.05	0.43	0.97	0.22	0.99	0.22	-0.34	-0.24	-0.4	0.13	0.17	-0.42	-0.04	-0.94	0.98	-0.45	0.13	0.98	-0.47

Click cells to compare fundamentals

GoldMining Account Relationship Matchups

GoldMining fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Ptb Ratio	6.18	1.41	2.12	1.6	1.84	3.16
Book Value Per Share	0.48	0.45	1.18	0.88	0.78	0.7
Free Cash Flow Yield	(0.0215)	(0.0321)	(0.0388)	(0.11)	(0.1)	(0.0969)
Operating Cash Flow Per Share	(0.0335)	(0.052)	(0.053)	(0.0713)	(0.13)	(0.15)
Capex To Depreciation	3.47	0.3	0.69	3.32	3.82	7.1
Pb Ratio	6.18	1.41	2.12	1.6	1.84	3.16
Free Cash Flow Per Share	(0.0585)	(0.0534)	(0.0723)	(0.14)	(0.16)	(0.15)
Net Income Per Share	(0.0446)	(0.0759)	0.67	(0.0857)	(0.17)	(0.15)
Payables Turnover	0.52	0.3	0.19	33.86	30.47	31.99
Cash Per Share	0.0636	0.0784	0.0542	0.21	0.24	0.26
Pocfratio	(52.36)	(31.33)	(26.08)	(9.09)	(10.45)	(10.97)
Capex To Operating Cash Flow	(0.13)	(0.007112)	(0.0132)	(0.0295)	(0.0266)	(0.0279)
Pfcf Ratio	(46.5)	(31.11)	(25.74)	(8.83)	(10.15)	(10.66)
Days Payables Outstanding	1.2K	2.0K	3.0K	10.78	12.4	11.78
Income Quality	0.74	0.68	(0.079)	0.83	0.91	0.81
Ev To Operating Cash Flow	(51.21)	(31.46)	(26.15)	(8.15)	(9.38)	(9.84)
Pe Ratio	(35.84)	2.47	(21.71)	(7.18)	(6.46)	(6.78)
Return On Tangible Assets	(0.0903)	(0.09)	(0.16)	0.5	(0.0896)	(0.2)
Ev To Free Cash Flow	(45.48)	(31.23)	(25.81)	(7.92)	(9.11)	(9.56)
Earnings Yield	(0.0588)	(0.0395)	(0.0279)	0.4	(0.0461)	(0.13)
Net Debt To E B I T D A	0.81	(0.0883)	(0.0607)	0.91	1.05	1.69
Current Ratio	3.31	0.9	0.84	10.12	11.64	8.94
Tangible Book Value Per Share	0.48	0.45	1.18	0.88	0.78	0.7
Graham Number	0.87	4.22	1.3	1.71	1.54	0.91
Shareholders Equity Per Share	0.48	0.44	1.18	0.88	0.76	0.69
Capex Per Share	0.006539	3.77E-4	9.41E-4	0.003966	0.004561	0.006207
Graham Net Net	0.0287	0.038	(0.0853)	(0.0234)	0.22	0.23
Enterprise Value Over E B I T D A	(36.0)	(22.25)	(23.22)	(7.98)	(9.18)	(9.64)
Price Earnings Ratio	(35.84)	2.47	(21.71)	(7.18)	(6.46)	(6.78)
Price Book Value Ratio	6.18	1.41	2.12	1.6	1.84	3.16

Pair Trading with GoldMining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GoldMining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GoldMining will appreciate offsetting losses from the drop in the long position's value.

Moving against GoldMining Stock

0.31

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to GoldMining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoldMining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GoldMining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GoldMining to buy it.

The correlation of GoldMining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoldMining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for GoldMining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:

How To Invest In GoldMining

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Is GoldMining Stock a good investment?

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What is GoldMining's Net Worth?

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To learn how to invest in GoldMining Stock, please use our How to Invest in GoldMining guide.

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Please note, there is a significant difference between GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

GoldMining Historical Financial Ratios

About GoldMining Financial Ratios Analysis

GoldMining Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Book Value Per Share

Average Payables

GoldMining fundamentals Correlations

GoldMining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GoldMining fundamentals Accounts

Pair Trading with GoldMining

Moving against GoldMining Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Roe	+ 1.0	Roic
Return On Tangible Assets	+ 1.0	Roic
Days Of Inventory On Hand	+ 1.0	Inventory Turnover
Return On Tangible Assets	+ 1.0	Roe
Free Cash Flow Per Share	+ 0.99	Operating Cash Flow Per Share

Return On Tangible Assets	- 0.95	Income Quality
Roe	- 0.95	Income Quality
Earnings Yield	- 0.94	Income Quality
Income Quality	- 0.94	Net Income Per Share
Income Quality	- 0.94	Roic
Ev To Free Cash Flow	- 0.87	Free Cash Flow Yield