Goldmining Stock Today

GOLD Stock  CAD 1.16  0.01  0.87%   

Performance

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Odds Of Distress

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GoldMining is selling at 1.16 as of the 18th of January 2025; that is 0.87 percent increase since the beginning of the trading day. The stock's open price was 1.15. GoldMining has more than 65 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
GoldMining Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of projects in Brazil, Colombia, the United States, Canada, Peru, and other regions of the Americas. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. The company has 194.82 M outstanding shares of which 353.56 K shares are currently shorted by private and institutional investors with about 4.04 days to cover all short positions. More on GoldMining

GoldMining Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GoldMining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GoldMining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardAmir Adnani
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
GoldMining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GoldMining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
GoldMining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GoldMining's financial leverage. It provides some insight into what part of GoldMining's total assets is financed by creditors.
Liquidity
GoldMining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. GoldMining has accumulated 395 K in total debt. GoldMining has a current ratio of 6.16, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist GoldMining until it has trouble settling it off, either with new capital or with free cash flow. So, GoldMining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GoldMining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GoldMining to invest in growth at high rates of return. When we think about GoldMining's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(19.42 Million)
GoldMining (GOLD) is traded on Toronto Exchange in Canada and employs 38 people. GoldMining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 225.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GoldMining's market, we take the total number of its shares issued and multiply it by GoldMining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GoldMining operates under Metals & Mining sector and is part of Materials industry. The entity has 194.82 M outstanding shares of which 353.56 K shares are currently shorted by private and institutional investors with about 4.04 days to cover all short positions. GoldMining has accumulated about 8 M in cash with (22.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check GoldMining Probability Of Bankruptcy
Ownership Allocation
GoldMining has a total of 194.82 Million outstanding shares. GoldMining retains 4.96 (percent) of its outstanding shares held by insiders and 8.86 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check GoldMining Ownership Details

GoldMining Risk Profiles

Although GoldMining's alpha and beta are two of the key measurements used to evaluate GoldMining's performance over the market, the standard measures of volatility play an important role as well.

GoldMining Stock Against Markets

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Our tools can tell you how much better you can do entering a position in GoldMining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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GoldMining Corporate Management

Elected by the shareholders, the GoldMining's board of directors comprises two types of representatives: GoldMining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GoldMining. The board's role is to monitor GoldMining's management team and ensure that shareholders' interests are well served. GoldMining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GoldMining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Katherine ArblasterSocial EnvironmentProfile
BCom BCommMember CorpProfile
Alastair StillChief OfficerProfile
YongJae LLBGeneral CounselProfile
Tim SmithVP GoldMiningProfile
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:
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.