GoldMining (TSE:GOLD) Trading Up 1.3% – Time to Buy?

GoldMining Inc. (TSE:GOLD) shares were up 1.3% on Thursday . The stock traded as high as C$1.57 and last traded at C$1.54. Approximately 392,435 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 602,360 shares. The stock had previously closed at C$1.52.

GoldMining Stock Down 0.6%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.37 and a current ratio of 20.42. The stock has a market cap of C$327.42 million, a price-to-earnings ratio of -19.13 and a beta of 1.57. The firm’s 50-day simple moving average is C$1.67 and its two-hundred day simple moving average is C$1.90.

GoldMining (TSE:GOLD) last posted its quarterly earnings data on Friday, April 10th. The company reported C($0.03) earnings per share for the quarter. On average, sell-side analysts expect that GoldMining Inc. will post -0.06 EPS for the current fiscal year.

About GoldMining

GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and other regions of the Americas. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Whistler GoldCopper Project, located in Alaska, United States, Sao Jorge Gold Project located in the State of Para, northeastern Brazil, and Yellowknife Gold Project, located in the Northwest Territories, Canada.