GoldMining (TSE:GOLD) Stock Price Down 1.6% – Should You Sell?

GoldMining Inc. (TSE:GOLD) traded down 1.6% during mid-day trading on Thursday . The stock traded as low as C$1.81 and last traded at C$1.84. 181,677 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 362,630 shares. The stock had previously closed at C$1.87.

GoldMining Stock Performance

The company has a current ratio of 4.19, a quick ratio of 0.37 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of C$385.99 million, a PE ratio of -26.29 and a beta of 1.13. The stock’s 50 day moving average price is C$1.87 and its two-hundred day moving average price is C$1.59.

GoldMining (TSE:GOLD) last posted its earnings results on Friday, October 10th. The company reported C$0.00 earnings per share (EPS) for the quarter. On average, equities analysts expect that GoldMining Inc. will post -0.06 earnings per share for the current 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.