GoldMining (TSE:GOLD) Shares Down 2.2%

GoldMining Inc. (TSE:GOLDGet Rating)’s share price dropped 2.2% on Tuesday . The company traded as low as C$1.33 and last traded at C$1.34. Approximately 41,146 shares traded hands during trading, a decline of 77% from the average daily volume of 181,944 shares. The stock had previously closed at C$1.37.

GoldMining Stock Down 2.2 %

The firm has a market cap of C$225.41 million, a P/E ratio of -12.18 and a beta of 1.24. The business’s fifty day moving average price is C$1.49 and its two-hundred day moving average price is C$1.53. The company has a current ratio of 1.01, a quick ratio of 0.37 and a debt-to-equity ratio of 5.37.

GoldMining Company Profile

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GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company's principal projects include La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project located in Alaska, United States; and São Jorge Gold Project located in the State of Pará, northeastern Brazil.

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