GoldMining (TSE:GOLD) Stock Price Up 1.7% – Should You Buy?

GoldMining Inc. (TSE:GOLDGet Free Report) traded up 1.7% during trading on Tuesday . The company traded as high as C$1.21 and last traded at C$1.21. 84,870 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 128,066 shares. The stock had previously closed at C$1.19.

GoldMining Stock Up 1.7 %

The company has a current ratio of 4.19, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The company has a 50 day simple moving average of C$1.28 and a two-hundred day simple moving average of C$1.25. The firm has a market capitalization of C$228.35 million, a P/E ratio of -9.31 and a beta of 1.37.

About GoldMining

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GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It 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, the United States; and São Jorge Gold Project located in the State of Pará, Brazil.

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