GoldMining Inc. (NYSEAMERICAN:GLDG - Free Report) - Equities researchers at HC Wainwright dropped their FY2026 earnings per share estimates for GoldMining in a research note issued on Wednesday, April 29th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.10) for the year, down from their previous estimate of ($0.09). The consensus estimate for GoldMining's current full-year earnings is ($0.09) per share.
Separately, Roth Mkm reissued a "buy" rating and set a $2.80 target price on shares of GoldMining in a research note on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, GoldMining currently has an average rating of "Moderate Buy" and an average price target of $3.28.
View Our Latest Research Report on GLDG
GoldMining Stock Up 2.7%
NYSEAMERICAN GLDG opened at $1.16 on Friday. The business's fifty day simple moving average is $1.34 and its 200-day simple moving average is $1.42. The firm has a market cap of $248.24 million, a PE ratio of -19.33 and a beta of 1.24. GoldMining has a 52 week low of $0.72 and a 52 week high of $2.27.
Institutional Trading of GoldMining
A number of large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in GoldMining by 114.5% in the first quarter. Goldman Sachs Group Inc. now owns 317,008 shares of the company's stock valued at $269,000 after purchasing an additional 169,200 shares during the period. Jane Street Group LLC acquired a new stake in shares of GoldMining during the first quarter worth about $77,000. Marshall Wace LLP grew its holdings in shares of GoldMining by 396.0% during the second quarter. Marshall Wace LLP now owns 464,140 shares of the company's stock worth $334,000 after buying an additional 370,556 shares during the last quarter. Bank of America Corp DE increased its position in GoldMining by 58.3% in the 2nd quarter. Bank of America Corp DE now owns 129,204 shares of the company's stock valued at $93,000 after acquiring an additional 47,595 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new stake in GoldMining during the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 11.25% of the company's stock.
GoldMining Company Profile
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GoldMining Inc is a Canada-based mineral exploration and development company focused on the acquisition and advancement of precious metal projects in the Americas. Publicly traded on the NYSE American under the symbol GLDG, the company targets high-quality gold assets with the potential for significant resource expansion. GoldMining seeks to identify projects at various stages, from early exploration to advanced development, and apply systematic drilling and metallurgical testing to enhance their economic prospects.
The company's portfolio encompasses a diversified suite of properties across North and South America.
Further Reading
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