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GoldMining (TSE:GOLD) Stock Price Up 7.5% - Should You Buy?

GoldMining logo with Basic Materials background

GoldMining Inc. (TSE:GOLD - Get Free Report)'s share price traded up 7.5% during mid-day trading on Tuesday . The stock traded as high as C$1.15 and last traded at C$1.15. 313,946 shares changed hands during mid-day trading, an increase of 147% from the average session volume of 127,076 shares. The stock had previously closed at C$1.07.

GoldMining Trading Down 0.9%

The firm has a market capitalization of C$213.24 million, a price-to-earnings ratio of -8.88 and a beta of 1.37. The firm's 50-day moving average is C$1.15 and its 200 day moving average is C$1.18. The company has a current ratio of 4.19, a quick ratio of 0.37 and a debt-to-equity ratio of 0.36.

About GoldMining

(Get Free Report)

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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