GOLD : GoldMining Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

GoldMining Inc trades with the ticker GOLD on the TSX and is in the Gold industry.

Overview
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. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.
 

Looking to invest in GoldMining Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

GOLD.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $213.254MM

PE Ratio:

Price: 15.87 (Updated: 3/12/2024 0:47:16)



GoldMining Inc (GOLD) vs Competitors in Gold

Lets see how GOLD.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • GoldMining Inc (GOLD) vs Barrick Gold Corporation (ABX)
    • ABX has higher EPS (0.97 vs -0.17). ABX provides dividends, while GOLD does not. GOLD has a P/E under 0, indicating ABX (P/E 21.948) is in a better position.
  • GoldMining Inc (GOLD) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs -0.17). AEM provides dividends, while GOLD does not. GOLD has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.
  • GoldMining Inc (GOLD) vs Alamos Gold Inc (AGI)
    • AGI has higher EPS (0.71 vs -0.17). AGI provides dividends, while GOLD does not. GOLD has a P/E under 0, indicating AGI (P/E 25.408) is in a better position.
  • GoldMining Inc (GOLD) vs Galiano Gold Inc (AKG)
    • AKG has higher EPS (-0.003 vs -0.17). AKG provides dividends, while GOLD does not. AKG and GOLD both have P/E’s under 0.
  • GoldMining Inc (GOLD) vs Alio Gold Inc (ALO)
    • GOLD has higher EPS (-0.17 vs -0.274). ALO provides dividends, while GOLD does not. ALO and GOLD both have P/E’s under 0.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-7.98) than the industry average (-2.10), indicating attractive valuation.
 

How to Buy GOLD stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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