GoldMining (TSE:GOLD) Stock Price Down 0.8% – Here’s What Happened

GoldMining Inc. (TSE:GOLD)’s share price was down 0.8% on Tuesday . The stock traded as low as C$1.17 and last traded at C$1.18. Approximately 113,388 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 122,209 shares. The stock had previously closed at C$1.19.

GoldMining Stock Down 0.8 %

The firm has a market capitalization of C$230.85 million, a price-to-earnings ratio of -9.61 and a beta of 1.37. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.19 and a quick ratio of 0.37. The stock has a fifty day moving average of C$1.16 and a two-hundred day moving average of C$1.20.

GoldMining Company Profile

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.