GoldMining (TSE:GOLD) Stock Price Up 1.9% – Here’s Why

GoldMining Inc. (TSE:GOLDGet Free Report)’s stock price rose 1.9% during trading on Friday . The stock traded as high as C$2.16 and last traded at C$2.14. Approximately 677,782 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 842,589 shares. The stock had previously closed at C$2.10.

GoldMining Price Performance

The firm has a market cap of C$448.93 million, a PE ratio of -30.57 and a beta of 1.38. The stock has a 50 day simple moving average of C$2.05 and a two-hundred day simple moving average of C$1.84. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.37 and a current ratio of 4.19.

About GoldMining

(Get Free Report)

GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and other regions of the Americas. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Whistler GoldCopper Project, located in Alaska, United States, Sao Jorge Gold Project located in the State of Para, northeastern Brazil, and Yellowknife Gold Project, located in the Northwest Territories, Canada.

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