GoldMining (TSE:GOLD) Given a C$4.30 Price Target at Ventum Financial

GoldMining (TSE:GOLD) has been assigned a C$4.30 price target by Ventum Financial in a note issued to investors on Tuesday, BayStreet reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s target price would indicate a potential upside of 192.52% from the stock’s previous close.

GoldMining Stock Performance

GOLD traded down C$0.03 on Tuesday, hitting C$1.47. The company had a trading volume of 200,762 shares, compared to its average volume of 520,643. The company’s fifty day moving average price is C$1.33 and its 200 day moving average price is C$1.59. GoldMining has a 1-year low of C$1.13 and a 1-year high of C$3.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 39.65 and a quick ratio of 0.37. The stock has a market cap of C$315.75 million, a price-to-earnings ratio of -12.25 and a beta of 1.81.

GoldMining (TSE:GOLD) last announced its quarterly earnings results on Tuesday, July 14th. The company reported C($0.04) EPS for the quarter. Equities analysts predict that GoldMining will post -0.06 earnings per share for the current fiscal year.

GoldMining Company Profile

GoldMining Inc is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.SA, Brazil, Colombia, and Peru.