During the last session, GoldMining Inc. (AMEX:GLDG)’s traded shares were 0.33 million. At the end of the trading day, the stock’s price was $0.85, reflecting an intraday loss of -6.59% or -$0.06. The 52-week high for the GLDG share is $2.02, that puts it down -137.65 from that peak though still a striking 10.59% gain since the share price plummeted to a 52-week low of $0.76. The company’s market capitalization is $131.22M, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 465.45K shares over the past three months.

GoldMining Inc. (AMEX:GLDG) trade information

GoldMining Inc. (GLDG) registered a -6.59% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.59% in intraday trading to $0.85 this Friday, 10/07/22, hitting a weekly high. The stock’s 5-day price performance is 2.41%, and it has moved by -4.54% in 30 days. Based on these gigs, the overall price performance for the year is -29.17%. The short interest in GoldMining Inc. (AMEX:GLDG) is 3.87 million shares and it means that shorts have 5.57 day(s) to cover.

The consensus price target of analysts on Wall Street is $3.47, which implies an increase of 75.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.11 and $3.83 respectively. As a result, GLDG is trading at a discount of -350.59% off the target high and -265.88% off the low.

GoldMining Inc. (GLDG) estimates and forecasts

Statistics show that GoldMining Inc. has underperformed its competitors in share price, compared to the industry in which it operates. GoldMining Inc. (GLDG) shares have gone down -48.48% during the last six months, with a year-to-date growth rate less than the industry average at -350.00% against 2.40.

GLDG Dividends

GoldMining Inc. is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

GoldMining Inc. (AMEX:GLDG)’s Major holders

GoldMining Inc. insiders own 5.75% of total outstanding shares while institutional holders control 10.19%, with the float percentage being 10.81%. Van Eck Associates Corporation is the largest shareholder of the company, while 59 institutions own stock in it. As of Mar 30, 2022, the company held over 8.18 million shares (or 5.30% of all shares), a total value of $13.9 million in shares.

The next largest institutional holding, with 2.5 million shares, is of Ruffer LLP’s that is approximately 1.62% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $4.25 million.

Also, the Mutual Funds coming in first place with the largest holdings of GoldMining Inc. (GLDG) shares are VanEck ETF Trust-VanEck Junior Gold Miners ETF and SPDR Portfolio Developed World ex-US ETF. Data provided on Jun 29, 2022 indicates that VanEck ETF Trust-VanEck Junior Gold Miners ETF owns about 6.58 million shares. This amounts to just over 4.26 percent of the company’s overall shares, with a $6.29 million market value. The same data shows that the other fund manager holds slightly less at 0.22 million, or about 0.14% of the stock, which is worth about $0.27 million.

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