GoldMining (TSE:GOLD) Stock Price Down 5.8%

GoldMining Inc. (TSE:GOLD) traded down 5.8% during mid-day trading on Friday . The stock traded as low as C$1.14 and last traded at C$1.14. 140,757 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 112,388 shares. The stock had previously closed at C$1.21.

GoldMining Stock Down 5.8 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.37 and a current ratio of 5.62. The company has a market capitalization of C$212.59 million, a price-to-earnings ratio of -8.14 and a beta of 1.36. The firm’s 50-day simple moving average is C$1.25 and its 200-day simple moving average is C$1.18.

About GoldMining

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.