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GLDG logo GLDG
Upturn stock ratingUpturn stock rating
GLDG logo

GoldMining Inc (GLDG)

Upturn stock ratingUpturn stock rating
$0.83
Delayed price
Profit since last BUY-3.49%
upturn advisory
WEAK BUY
BUY since 13 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: GLDG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -24.7%
Avg. Invested days 31
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 176.92M USD
Price to earnings Ratio -
1Y Target Price 5.25
Price to earnings Ratio -
1Y Target Price 5.25
Volume (30-day avg) 512398
Beta 1.38
52 Weeks Range 0.75 - 1.06
Updated Date 03/24/2025
52 Weeks Range 0.75 - 1.06
Updated Date 03/24/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.09

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -12.02%
Return on Equity (TTM) -20.68%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 152624549
Price to Sales(TTM) -
Enterprise Value 152624549
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -6.44
Shares Outstanding 190944000
Shares Floating 181961940
Shares Outstanding 190944000
Shares Floating 181961940
Percent Insiders 5.05
Percent Institutions 8.47

Analyst Ratings

Rating 4
Target Price 5.25
Buy 2
Strong Buy -
Buy 2
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

GoldMining Inc

stock logo

Company Overview

overview logo History and Background

GoldMining Inc. was founded in 2006. It focuses on acquiring, exploring, and developing gold projects in the Americas. Initially focused on a few key projects, it has grown through acquisitions and exploration efforts to amass a significant portfolio.

business area logo Core Business Areas

  • Acquisition: Acquiring prospective gold mining projects and assets.
  • Exploration: Exploring acquired properties to identify and quantify gold resources.
  • Development: Developing gold deposits into economically viable mining operations (though currently, it's more focused on exploration and resource definition than active mining).

leadership logo Leadership and Structure

Garnet Dawson is the CEO. The company has a board of directors overseeing strategic direction and corporate governance. The operational structure involves teams dedicated to exploration, finance, and corporate development.

Top Products and Market Share

overview logo Key Offerings

  • Gold Resources: GoldMining Inc. holds significant gold resources in its portfolio of properties. While it doesn't currently produce gold, the value of its assets is based on the estimated gold reserves and potential for future extraction. Competitors are other exploration and mining companies with substantial gold reserves.
  • Exploration Data: The company generates and owns geological data related to its properties. This data is valuable for assessing the potential of its assets and attracting potential partners or acquirers. Competitors are exploration companies with similar datasets.

Market Dynamics

industry overview logo Industry Overview

The gold mining industry is influenced by gold prices, geopolitical factors, and regulatory environments. Demand for gold comes from investment, jewelry, and industrial applications.

Positioning

GoldMining Inc. is positioned as a resource development company focused on acquiring and exploring gold properties. Its competitive advantage lies in its portfolio of assets in politically stable regions of the Americas.

Total Addressable Market (TAM)

The total addressable market for gold is in the trillions of dollars. GoldMining Inc is positioned to take advantage of the TAM by controlling a large portfolio of potential gold resources.

Upturn SWOT Analysis

Strengths

  • Large portfolio of gold resources
  • Assets in politically stable regions
  • Experienced management team
  • Focus on resource definition and expansion

Weaknesses

  • No current gold production
  • Dependent on gold prices
  • Financing requirements for exploration and development
  • Exposure to regulatory risks

Opportunities

  • Rising gold prices
  • Acquisition of undervalued assets
  • Partnerships with mining companies
  • Advancements in mining technology

Threats

  • Decline in gold prices
  • Increased regulatory burdens
  • Political instability in some regions
  • Environmental concerns

Competitors and Market Share

competitor logo Key Competitors

  • NEM
  • FNV
  • WPM

Competitive Landscape

GoldMining Inc. is smaller compared to large-cap gold miners. Its advantage is a portfolio of projects. Disadvantages include lack of production.

Major Acquisitions

Bell Copper Corporation

  • Year: 2022
  • Acquisition Price (USD millions): 57.6
  • Strategic Rationale: Acquisition of the Bell Copper Corporation enhances the exploration assets in Arizona which will support the long-term growth.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by acquisitions of new properties and increases in gold resources.

Future Projections: Future growth depends on the company's ability to increase its gold resources, secure financing, and ultimately develop its properties into producing mines. Analyst estimates vary based on gold price forecasts and development timelines.

Recent Initiatives: Recent initiatives include exploration programs at key properties, resource estimates updates, and potential strategic partnerships.

Summary

GoldMining Inc. is a resource development company with a sizable portfolio of gold assets, its value is heavily tied to gold prices and the success of its exploration efforts. A weakness is no current gold production and it needs more exploration for growth. Investors should closely monitor gold prices and its ability to secure financing and development opportunities.

Similar Companies

  • NEM
  • FNV
  • WPM
  • AUY

Sources and Disclaimers

Data Sources:

  • Company filings, press releases, analyst reports (where available), public databases.

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About GoldMining Inc

Exchange NYSE MKT
Headquaters Vancouver, BC, Canada
IPO Launch date 2011-07-05
CEO -
Sector Basic Materials
Industry Gold
Full time employees 33
Full time employees 33

GoldMining Inc., a mineral exploration company, engages in the acquisition, exploration, and development of gold and copper assets in the Americas. The company operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. Its principal projects are La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project situated in Alaska, the United States; and São Jorge Gold Project located in the State of Pará, Brazil. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.

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