In the last trading session, 1.13 million GoldMining Inc (AMEX:GLDG) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $0.98 changed hands at -$0.01 or -1.06% during last session, the market valuation stood at $184.28M. GLDG’s last price was a discount, traded about -10.2% off its 52-week high of $1.08. The share price had its 52-week low at $0.75, which suggests the last value was 23.47% up since then. When we look at GoldMining Inc’s average trading volume, we note the 10-day average is 0.74 million shares, with the 3-month average coming to 603.56K.
Analysts gave the GoldMining Inc (GLDG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GLDG as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. GoldMining Inc’s EPS for the current quarter is expected to be -0.01.
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GoldMining Inc (AMEX:GLDG) trade information
Instantly GLDG was in red as seen at the end of in last trading. With action -5.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 0.23%, with the 5-day performance at -5.20% in the red. However, in the 30-day time frame, GoldMining Inc (AMEX:GLDG) is 10.33% up. Looking at the short shares, we see there were 2.47 million shares sold at short interest cover period of 3.04 days.
GoldMining Inc (GLDG) estimates and forecasts
Data shows that the GoldMining Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.88% over the past 6 months, a 33.33% in annual growth rate that is considerably higher than the industry average of 21.40%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -26.78%. The 2024 estimates are for GoldMining Inc earnings to increase by 28.43%.
GLDG Dividends
GoldMining Inc is expected to release its next quarterly earnings report on 2024-Oct-11.
GoldMining Inc (AMEX:GLDG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.05% of GoldMining Inc shares while 7.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.26%. There are 7.84% institutions holding the GoldMining Inc stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 4.944% of the shares, roughly 9.08 million GLDG shares worth $8.12 million.
RUFFER LLP holds the second largest percentage of outstanding shares, with 0.4912% or 0.9 million shares worth $0.8 million as of 2024-06-30.