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GoldMining Inc (GLDG)



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Upturn Advisory Summary
04/01/2025: GLDG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -24.7% | Avg. Invested days 31 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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 - |
Upturn AI SWOT
GoldMining Inc

Company Overview
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.
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 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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.goldmining.com |
Full time employees 33 | Website https://www.goldmining.com |
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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