At the last check on Friday, GoldMining Inc.’s (AMEX:GLDG) stock traded at $1.21. The average number of shares traded per day over the past five days has been 2,599,810 shares. 5 times new highs have been achieved over the past 5 days, with a $0.2639 gain in that time frame. In the last twenty days, the average volume was 1,066,607, while in the previous 50 days, it was 738,211.
Since last month, GLDG stock rose 39.08%. Shares of the company fell to $0.8005 on 11/03/22, the lowest level in the past month. A 52-week high of $2.02 was reached on 03/08/22 after having rallying from a 52-week low of $0.76. Since the beginning of this year, GLDG’s stock price has risen by 0.83% or -$0.0036, and marked a new high 13 times. However, the stock has declined by -40.26% since its 52-week high.
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Based on annual data, GLDG earned $0.12 million in gross profit and brought in -$86.7 million in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated -$1.61 million in EBITDA. The liabilities of GoldMining Inc. were 9.42 million at the end of its most recent quarter, and its total debt was $9.65 million.
This quick technical analysis looks at GoldMining Inc.’s (GLDG) price momentum. With a historical volatility rate of 92.32%, the RSI 9-day stood at 78.92% on 23 November.
With respect to its five-day moving average, the current GoldMining Inc. price is up by +28.30% percent or $0.2639. At present, GLDG shares trade +39.12% above its 20-day simple moving average and +31.47% percent above its 100-day simple moving average. However, the stock is currently trading approximately +37.52% above its SMA50 and -26.15% below its SMA200.
Stochastic coefficient K was 88.48% and Stochastic coefficient D was 89.36%, while ATR was 0.0761. Given the Stochastic reading of 84.49% for the 14-day period, the RSI (14) reading has been calculated as 74.03%. As of today, the MACD Oscillator reading stands at 0.1633, while the 14-day reading stands at 0.2137.
GoldMining Inc. (GLDG) has been rated Buy by analysts. According to 0 brokerage firms, GLDG is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate GoldMining Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $3.47, the current consensus forecast for the stock is $3.11 – $3.83. Based on these forecasts, analysts predict GoldMining Inc. (GLDG) will achieve an average price target of $3.47.