GoldMining Net Worth
GoldMining Net Worth Breakdown | GLDG |
GoldMining Net Worth Analysis
GoldMining's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including GoldMining's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of GoldMining's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform GoldMining's net worth analysis. One common approach is to calculate GoldMining's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares GoldMining's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing GoldMining's net worth. This approach calculates the present value of GoldMining's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of GoldMining's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate GoldMining's net worth. This involves comparing GoldMining's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into GoldMining's net worth relative to its peers.
Enterprise Value |
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To determine if GoldMining is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding GoldMining's net worth research are outlined below:
| GoldMining generated a negative expected return over the last 90 days | |
| GoldMining has some characteristics of a very speculative penny stock | |
| GoldMining currently holds 395 K in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. GoldMining has a current ratio of 0.41, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GoldMining's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (30.45 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| GoldMining currently holds about 4.02 M in cash with (21.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| GoldMining has a frail financial position based on the latest SEC disclosures |
GoldMining uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in GoldMining. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to GoldMining's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 10th of April 2024 Next Financial Report | View | |
| 30th of November 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 31st of August 2023 Last Quarter Report | View | |
| 30th of November 2022 Last Financial Announcement | View |
Follow GoldMining's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 176.92 M.Market Cap |
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Project GoldMining's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.19) | (0.20) | |
| Return On Capital Employed | (0.17) | (0.18) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.20) | (0.21) |
When accessing GoldMining's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures GoldMining's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of GoldMining's profitability and make more informed investment decisions.
Evaluate GoldMining's management efficiency
GoldMining has return on total asset (ROA) of (0.1202) % which means that it has lost $0.1202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2068) %, meaning that it created substantial loss on money invested by shareholders. GoldMining's management efficiency ratios could be used to measure how well GoldMining manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.2. The current Return On Capital Employed is estimated to decrease to -0.18. At this time, GoldMining's Other Current Assets are most likely to increase significantly in the upcoming years. The GoldMining's current Total Current Assets is estimated to increase to about 28.7 M, while Other Assets are projected to decrease to 1.09.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.70 | 0.42 | |
| Tangible Book Value Per Share | 0.70 | 0.42 | |
| Enterprise Value Over EBITDA | (9.18) | (9.64) | |
| Price Book Value Ratio | 1.84 | 3.16 | |
| Enterprise Value Multiple | (9.18) | (9.64) | |
| Price Fair Value | 1.84 | 3.16 | |
| Enterprise Value | 258.5 M | 271.5 M |
Management at GoldMining focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
GoldMining time-series forecasting models is one of many GoldMining's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GoldMining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.GoldMining Earnings per Share Projection vs Actual
GoldMining Corporate Management
| Katherine Arblaster | Social Environment | Profile | |
| BCom BComm | Member Corp | Profile | |
| Alastair Still | Chief Officer | Profile | |
| Amir Adnani | Founder Chairman | Profile | |
| YongJae LLB | General Counsel | Profile | |
| Tim Smith | VP GoldMining | Profile |
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 unemployment. For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoldMining. If investors know GoldMining will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoldMining's market value can be influenced by many factors that don't directly affect GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.