Roth Capital Comments on GoldMining Inc.’s Q2 2024 Earnings (NYSEAMERICAN:GLDG)

GoldMining Inc. (NYSEAMERICAN:GLDG) – Equities researchers at Roth Capital issued their Q2 2024 EPS estimates for GoldMining in a research note issued to investors on Tuesday, May 7th. Roth Capital analyst J. Reagor forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for GoldMining’s current full-year earnings is ($0.06) per share. Roth Capital also issued estimates for GoldMining’s Q3 2024 earnings at ($0.01) EPS, Q4 2024 earnings at ($0.01) EPS and FY2025 earnings at ($0.07) EPS.

GoldMining Price Performance

Shares of GoldMining stock opened at $0.82 on Thursday. The stock’s fifty day moving average is $0.86. GoldMining has a 12-month low of $0.76 and a 12-month high of $1.13. The company has a market capitalization of $150.87 million, a P/E ratio of -7.41 and a beta of 1.08.

GoldMining (NYSEAMERICAN:GLDG) last announced its quarterly earnings data on Friday, April 12th. The company reported ($0.01) EPS for the quarter.

Institutional Trading of GoldMining

A hedge fund recently raised its stake in GoldMining stock. Sprott Inc. raised its stake in shares of GoldMining Inc. (NYSEAMERICAN:GLDG) by 94.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,500 shares of the company’s stock after purchasing an additional 40,000 shares during the period. Sprott Inc.’s holdings in GoldMining were worth $65,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 11.25% of the company’s stock.

GoldMining Company Profile

GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also 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.