GoldMining Inc. (TSE:GOLD - Get Free Report) shares dropped 0.9% on Wednesday . The stock traded as low as C$1.04 and last traded at C$1.05. Approximately 72,625 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 124,416 shares. The stock had previously closed at C$1.06.
GoldMining Stock Performance
The company has a market cap of C$203.46 million, a P/E ratio of -8.47 and a beta of 1.37. The company has a quick ratio of 0.37, a current ratio of 4.19 and a debt-to-equity ratio of 0.36. The firm's 50-day moving average price is C$1.10 and its 200-day moving average price is C$1.16.
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 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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