How does GLDG's PB Ratio compare to its peers?

GLDG is good value based on its Price-To-Book Ratio (2x) compared to the peer average (2.1x).

How does GLDG's PB Ratio compare vs other companies in the US Metals and Mining Industry?

GLDG is expensive based on its Price-To-Book Ratio (2x) compared to the US Metals and Mining industry average (1.8x).

What is GLDG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate GLDG's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of GLDG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate GLDG's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

GoldMining (NYSEAM:GLDG) - Stock Price, News & Analysis

GLDG Stock Overview

A mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas.

About the company

GLDG fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 24.4% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

+ 1 more risk

GoldMining Inc. Competitors

Dakota Gold

NYSEAM:DC

US$235.1m

Fortitude Gold

OTCPK:FTCO

US$130.8m

Gold Reserve

OTCPK:GDRZ.F

US$169.6m

Gold Royalty

NYSEAM:GROY

US$229.9m

Price History & Performance

Summary of all time highs, changes and price drops for GoldMining
Historical stock prices
Current Share Price	CA$0.87
52 Week High	CA$1.08
52 Week Low	CA$0.75
Beta	1.38
11 Month Change	-9.57%
3 Month Change	8.24%
1 Year Change	10.93%
33 Year Change	-44.42%
5 Year Change	10.17%
Change since IPO	-14.24%

Recent updates

Shareholder Returns

	GLDG	US Metals and Mining	US Market
7D	-5.8%	6.1%	5.1%
1Y	10.9%	38.4%	37.7%

Return vs Industry: GLDG underperformed the US Metals and Mining industry which returned 36.8% over the past year.

Return vs Market: GLDG underperformed the US Market which returned 35.1% over the past year.

Price Volatility

Is GLDG's price volatile compared to industry and market?
GLDG volatility
GLDG Average Weekly Movement	5.2%
Metals and Mining Industry Average Movement	7.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.1%
10% least volatile stocks in US Market	2.9%

Stable Share Price: GLDG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GLDG's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	38	Alastair Still	www.goldmining.com

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.

GoldMining Inc. Fundamentals Summary

How do GoldMining's earnings and revenue compare to its market cap?
GLDG fundamental statistics
Market cap	US$163.93m
Earnings (TTM)	-US$16.81m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.8x

P/E Ratio

Is GLDG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLDG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$23.30m
Earnings	-CA$23.30m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GLDG perform over the long term?

See historical performance and comparison

GLDG Stock Overview

Rewards

Risk Analysis

GoldMining Inc. Competitors

NYSEAM:DC

US$235.1m

OTCPK:FTCO

US$130.8m

OTCPK:GDRZ.F

US$169.6m

NYSEAM:GROY

US$229.9m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Non-Independent Director recently sold US$151k worth of stock

GoldMining Inc. Reports Final Drill Assay Results from the Previously Announced Diamond Drilling Program, and A Progress Update for the Ongoing Auger Drilling Program, at the Company's 100% Owned São Jorge Project in the Tapaj's Gold District

GoldMining Inc Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the São Jorge Project, Brazil

GoldMining Inc. Reported Preliminary Results from Reprocessing, Inversion and Modeling of Historic Geophysical Surveys on the Rea Uranium Project ("Rea Project"), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Commences Drilling at the Sao Jorge Gold Project, Brazil

Recent updates

New major risk - Financial position

Non-Independent Director recently sold US$151k worth of stock

GoldMining Inc. Reports Final Drill Assay Results from the Previously Announced Diamond Drilling Program, and A Progress Update for the Ongoing Auger Drilling Program, at the Company's 100% Owned São Jorge Project in the Tapaj's Gold District

GoldMining Inc Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the São Jorge Project, Brazil

GoldMining Inc. Reported Preliminary Results from Reprocessing, Inversion and Modeling of Historic Geophysical Surveys on the Rea Uranium Project ("Rea Project"), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Commences Drilling at the Sao Jorge Gold Project, Brazil

New major risk - Revenue and earnings growth

GoldMining Inc., Annual General Meeting, May 16, 2024

Goldmining Inc. Announces Plans for Advancing the Rea Uranium Project (The "Rea Project" or the “Project”), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Provides an Update on Exploration Activities Ongoing At the Sao Jorge Gold Project, Brazil

GoldMining Inc. has completed a Follow-on Equity Offering in the amount of $50 million.

Non-Independent Director recently sold US$70k worth of stock

GoldMining Inc. has filed a Follow-on Equity Offering in the amount of CAD 32.359 million.

President recently sold US$79k worth of stock

GoldMining Inc. Announces Positive Preliminary Economic Assessment on the La Mina Project, Colombia

GoldMining Inc. Announces Election of Anna Tudela as New Member of the Board

GoldMining Inc. Announces an Updated Mineral Resource Estimate on its 100% Owned La Mina Project

GoldMining Announces the Appointment of David Garofalo as Co-Chair

GoldMining Inc. Announces Assay Results from the Final Hole of Its Recently Completed Five Hole 3,485 Metre Drilling Program on the La Garrucha Target

GoldMining Inc. Extends Mineralization at its La Garrucha Target, La Mina Project, Colombia: Drill Results Include 431.23 m At 0.73 g/t AuEq

Goldmining Inc. Discovers Extension of Its La Garrucha Target, La Mina Project, Colombia

GoldMining Inc. Appoints David Kong as Director

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

GoldMining Inc. Commences Exploration Drilling on its La Mina Project, Colombia

GoldMining Inc. Announces Appointment of Tim Smith as Chief Executive Officer of U.S. GoldMining Inc

Non-Independent Director recently sold US$84k worth of stock

President recently sold US$249k worth of stock

GoldMining Inc., Annual General Meeting, May 19, 2022

Investor sentiment deteriorated over the past week

GoldMining Inc. Announces Positive Preliminary Economic Assessment for La Mina Project

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

GoldMining Reports Additional Infill Core Sampling at São Jorge Including Mineralized Saprolite At Surface

Investor sentiment improved over the past week

Investor sentiment improved over the past week

GoldMining Inc. Announces Advances Preliminary Economic Assessments and Updates Mineral Resource Estimates on Key Properties

Investor sentiment improved over the past week

GoldMining Inc. Reports New Mineral Resource Estimates for Titiribi and La Mina Projects, Colombia

Goldmining Inc. Announces an Updated Mineral Resource Estimate for the Whistler Project, Alaska

Goldmining Inc. Provides Independent Technical Report Yellowknife Gold Project Northwest Territories, Canada

GoldMining Initiates Preliminary Economic Assessment and Announces an Updated Mineral Resource Estimate for the São Jorge Project, Brazil

Secretary & CFO recently sold US$129k worth of stock

GoldMining Inc., Annual General Meeting, May 20, 2021

New 90-day low: US$1.71

New 90-day low: US$1.91

Independent Director recently sold US$127k worth of stock

Independent Director recently sold US$5.8k worth of stock

New 90-day low: US$2.07

Independent Director recently sold US$118k worth of stock

Independent Director recently sold US$12k worth of stock

Independent Director recently sold US$68k worth of stock

Independent Director recently sold US$87k worth of stock

GoldMining Common Shares Deleted from Other OTC

GoldMining Appoints Alastair Still as Executive Vice President, Chief Development Officer, Effective October 1, 2020

Shareholder Returns

Price Volatility

About the Company

GoldMining Inc. Fundamentals Summary