GoldMining Inc. (GLDG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GoldMining Inc. (GLDG) stock price & volume — 10-year historical chart
GoldMining Inc. (GLDG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
GoldMining Inc. (GLDG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 14, 2026 | $0.02vs $0.02+0.0% | — |
| Q2 2026 | Apr 10, 2026 | $0.02vs $0.02+0.0% | — |
| Q1 2026 | Feb 27, 2026 | $0.02vs $0.02+0.0% | — |
| Q4 2025 | Oct 10, 2025 | $0.00vs $0.02+106.8% | — |
GoldMining Inc. (GLDG) competitors in Gold developers and project builders — business model, growth, and fundamentals comparison
GoldMining Inc. (GLDG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GoldMining Inc. (GLDG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Nov'16 | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 241.72K | 295.84K | 284.21K | 233.27K | 289.34K | 189.52K | 230.16K | 236.51K | 330.33K | 361.38K |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -241.72K▲ 0% | -295.84K▼ 22.4% | -284.21K▲ 3.9% | -233.27K▲ 17.9% | -289.34K▼ 24.0% | -189.52K▲ 34.5% | -230.16K▼ 21.4% | -236.51K▼ 2.8% | -330.33K▼ 39.7% | -361.38K▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | -118.4% | -22.39% | 3.93% | 17.92% | -24.03% | 34.5% | -21.44% | -2.76% | -39.67% | - |
| Operating Expenses | 7.25M | 7.55M | 6.54M | 6.04M | 10.63M | 11.85M | 14.85M | 25.75M | 25.85M | 23.99M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 7.25M | 7.55M | 6.54M | 6.09M | 10.63M | 11.85M | 14.85M | 25.75M | 25.85M | 23.99M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 53.99K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -7.49M▲ 0% | -7.85M▼ 4.7% | -6.83M▲ 13.0% | -6.27M▲ 8.1% | -10.92M▼ 74.1% | -12.04M▼ 10.3% | -15.08M▼ 25.2% | -25.99M▼ 72.4% | -26.18M▼ 0.7% | -24.35M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -89.19% | -4.73% | 12.98% | 8.12% | -74.08% | -10.29% | -25.2% | -72.36% | -0.75% | - |
| EBITDA | -7.25M | -7.55M | -6.54M | -6.04M | -10.63M | -11.85M | -14.85M | -25.75M | -25.85M | -23.99M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -88.35% | -4.14% | 13.34% | 7.7% | -76.02% | -11.51% | -25.26% | -73.44% | -0.39% | 12.94% |
| D&A (Non-Cash Add-back) | 241.72K | 295.84K | 284.21K | 233.27K | 289.34K | 189.52K | 230.16K | 236.51K | 330.33K | 361.38K |
| EBIT | -7.42M | -7.65M | -6.56M | -6.2M | -11.12M | -11.39M | -12.67M | -24.08M | -23.62M | -11.46M |
| Net Interest Income | 0 | 0 | 0 | 0 | 70.84K | -138K | -1.7M | -609K | 661K | 187K |
| Interest Income | 52.22K | 201.06K | 188.83K | 155.3K | 73.65K | 7.56K | 53K | 657K | 710K | 288K |
| Interest Expense | 52.22K | 201.06K | 188.83K | 0 | 2.81K | 145.69K | 1.75M | 1.27M | 49K | 101K |
| Other Income/Expense | 12.54K | 166.02K | 241.54K | 56.09K | -206.91K | 121.33M | 595K | 489.99K | 985K | 12.12M |
| Pretax Income | -7.48M▲ 0% | -7.68M▼ 2.7% | -6.59M▲ 14.2% | -6.22M▲ 5.6% | -11.13M▼ 79.0% | 109.29M▲ 1082.3% | -14.48M▼ 113.3% | -25.5M▼ 76.1% | -25.2M▲ 1.2% | -12.22M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 9.02M | -1.22M | 4.89M | 2.1M | 4.75M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 8.25% | 8.39% | -19.18% | -8.32% | -38.84% |
| Net Income | -7.48M▲ 0% | -7.68M▼ 2.7% | -6.59M▲ 14.2% | -6.22M▲ 5.6% | -11.13M▼ 79.0% | 100.44M▲ 1002.8% | -13.27M▼ 113.2% | -28.7M▼ 116.3% | -25.24M▲ 12.1% | -15.16M▲ 0% |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -77.4% | -2.69% | 14.25% | 5.61% | -78.98% | 1002.81% | -113.21% | -116.34% | 12.07% | 34.84% |
| Net Income (Continuing) | -7.48M | -7.68M | -6.59M | -6.22M | -11.13M | 100.27M | -13.27M | -30.39M | -27.29M | -16.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 | 3.17M | 1.4M | 1.23M |
| EPS (Diluted) | -0.08▲ 0% | -0.06▲ 24.9% | -0.05▲ 18.3% | -0.05▲ 7.4% | -0.08▼ 69.0% | 0.66▲ 964.3% | -0.09▼ 113.1% | -0.17▼ 94.0% | -0.13▲ 19.6% | -0.08▲ 0% |
| EPS Growth % | -58.75% | 24.88% | 18.3% | 7.42% | -68.87% | 964.72% | -113.08% | -93.83% | 19.54% | 37.89% |
| EPS (Basic) | -0.08 | -0.06 | -0.05 | -0.05 | -0.08 | 0.67 | -0.09 | -0.17 | -0.13 | - |
| Diluted Shares Outstanding | 98.2M | 124.1M | 135.07M | 137.87M | 146.05M | 152.51M | 154.05M | 171.9M | 187.83M | 199.26M |
| Basic Shares Outstanding | 98.2M | 124.1M | 135.07M | 137.87M | 146.05M | 149.41M | 154.05M | 171.9M | 187.83M | 199.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
GoldMining Inc. (GLDG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Nov'16 | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 21.64M | 14.35M | 9.96M | 6.86M | 10.12M | 12.28M | 9.2M | 23.73M | 13.32M | 8.91M |
| Cash & Short-Term Investments | 21.35M | 13.98M | 9.66M | 6.53M | 9.29M | 11.71M | 8.35M | 21.59M | 11.88M | 7.12M |
| Cash Only | 21.34M | 13.96M | 9.64M | 6.48M | 9.19M | 11.66M | 8.32M | 21.59M | 11.88M | 6.46M |
| Short-Term Investments | 15K | 20K | 15K | 50K | 100K | 50K | 24K | 0 | 0 | 661K |
| Accounts Receivable | 114.14K | 165.57K | 126.59K | 70.81K | 62.97K | 40K | 374K | 594K | 354K | 59K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 350K | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | 441.52 | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 24K | 165K | 189K | 371K |
| Total Non-Current Assets | 36.22M | 64.77M | 63.08M | 61.41M | 59.3M | 187.88M | 138.13M | 113.15M | 107.64M | 173.71M |
| Property, Plant & Equipment | 34.6M | 62.61M | 61.14M | 59.47M | 57.68M | 56.26M | 58.61M | 60.05M | 59.85M | 59.7M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.62M | 1.6M | 1.39M | 1.39M | 1.07M | 131.09M | 78.99M | 52.61M | 47.3M | 274.72M |
| Other Non-Current Assets | 0 | 553.82K | 553.82K | 553.82K | 553.82K | 523.82K | 524K | 494K | 494K | 1.98M |
| Total Assets | 57.86M▲ 0% | 79.12M▲ 36.7% | 73.04M▼ 7.7% | 68.28M▼ 6.5% | 69.43M▲ 1.7% | 200.16M▲ 188.3% | 147.33M▼ 26.4% | 136.88M▼ 7.1% | 120.96M▼ 11.6% | 182.62M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | 154.71% | 36.74% | -7.68% | -6.53% | 1.69% | 188.3% | -26.39% | -7.09% | -11.63% | 21.17% |
| Total Current Liabilities | 2.24M | 2.69M | 1.76M | 1.81M | 3.06M | 13.57M | 10.99M | 2.34M | 4.24M | 2.95M |
| Accounts Payable | 1.95M | 2.47M | 770.64K | 410.61K | 923.2K | 992K | 1.72M | 1.76M | 1.6M | 1.45M |
| Days Payables Outstanding | 2.94K | 3.05K | 989.68 | 642.48 | 1.16K | 1.91K | 2.73K | 2.71K | 1.77K | 1.68K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 350K | 12.48M | 8.82M | 0 | 0 | 0 |
| Deferred Revenue (Current) | -7 | -13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 43.29K | 43.04K | 0 | 474.35K | 0 | -21.38K | -170K | 282K | -274K | 1.39M |
| Current Ratio | 9.64x | 5.33x | 5.67x | 3.79x | 3.31x | 0.90x | 0.84x | 10.12x | 3.14x | 3.14x |
| Quick Ratio | 9.64x | 5.33x | 5.67x | 3.79x | 3.20x | 0.90x | 0.84x | 10.12x | 3.14x | 3.14x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 298.12K | 783.03K | 795.96K | 816.69K | 861.87K | 10.88M | 1.25M | 2.12M | 1.56M | 1.52M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 40K | 40K | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 6.04K | 69.77K | 162K | 329K | 299K | 1.05M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 296K | 0 | 246K | 961K |
| Other Non-Current Liabilities | 298.12K | 783.03K | 795.96K | 816.69K | 815.83K | 10.77M | 791K | 1.79M | 1.02M | 4.2M |
| Total Liabilities | 2.54M | 3.47M | 2.55M | 2.63M | 3.92M | 24.45M | 12.24M | 4.46M | 5.8M | 4.47M |
| Total Debt | 7 | 13 | 0 | 0 | 472.14K | 12.65M | 9.08M | 395K | 387K | 322K |
| Net Debt | -21.34M | -13.96M | -9.64M | -6.48M | -8.72M | 987.56K | 751K | -21.19M | -11.49M | -6.14M |
| Debt / Equity | 0.00x | 0.00x | - | - | 0.01x | 0.07x | 0.07x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.01x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.26x |
| Interest Coverage | -143.46x | -39.02x | -36.15x | - | -3889.79x | -82.66x | -8.63x | -20.53x | -534.30x | -113.47x |
| Total Equity | 55.32M▲ 0% | 75.64M▲ 36.7% | 70.49M▼ 6.8% | 65.65M▼ 6.9% | 65.51M▼ 0.2% | 175.7M▲ 168.2% | 135.09M▼ 23.1% | 132.41M▼ 2.0% | 115.16M▼ 13.0% | 178.15M▲ 0% |
| Equity Growth % | 167.4% | 36.74% | -6.81% | -6.87% | -0.21% | 168.22% | -23.11% | -1.98% | -13.03% | 21.16% |
| Book Value per Share | 0.56 | 0.61 | 0.52 | 0.48 | 0.45 | 1.15 | 0.88 | 0.77 | 0.61 | 0.89 |
| Total Shareholders' Equity | 55.32M | 75.64M | 70.49M | 65.65M | 64.3M | 175.7M | 135.09M | 129.24M | 113.76M | 176.91M |
| Common Stock | 83.85M | 110.84M | 113.21M | 115.5M | 128.18M | 131.08M | 150.88M | 176.58M | 190.78M | 196.57M |
| Retained Earnings | -30.69M | -38.42M | -45.01M | -51.23M | -59.93M | 41.18M | 27.98M | 20.18M | -4.44M | -7.73M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.16M | 3.22M | 2.29M | 1.37M | -3.94M | 3.44M | -43.77M | -67.52M | -72.68M | -27.16M |
| Minority Interest | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 | 3.17M | 1.4M | 1.23M |
GoldMining Inc. (GLDG) cash flow — operating, investing & free cash flow history
| Line item | Nov'16 | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.22M | -5.57M | -5.23M | -4.62M | -7.59M | -7.92M | -10.99M | -21.83M | -22.53M | -22.53M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -63.27% | -6.52% | 6.06% | 11.56% | -64.09% | -4.33% | -38.78% | -98.73% | -3.19% | -81.96% |
| Net Income | -7.54M | -7.73M | -6.6M | -6.22M | -11.09M | 100.18M | -13.2M | -30.45M | -27.35M | -15.16M |
| Depreciation & Amortization | 236.58K | 288.74K | 270.57K | 213.41K | 275.16K | 185.62K | 210K | 202K | 331K | 520K |
| Stock-Based Compensation | 1.35M | 1.67M | 1.08M | 1.28M | 2.62M | 3.01M | 2.39M | 3.29M | 2.3M | 4.07M |
| Deferred Taxes | 67.26K | 34K | 28.92K | 65.48K | 231.42K | 9.01M | -1.22M | 4.9M | 168K | -11.49M |
| Other Non-Cash Items | 7.03K | 8.94K | 14.13K | 19.86K | 16K | -120.95M | 77K | 229.04K | -556K | 1.61M |
| Working Capital Changes | 649.36K | 157.69K | -24.85K | 12.38K | 353.02K | 641.22K | 755K | -1.04K | 2.58M | -65K |
| Change in Receivables | -47.09K | -27.58K | 38.98K | 72.07K | 7.84K | -5.88K | -334K | -220K | 240K | 103K |
| Change in Inventory | 0 | 0 | 0 | 0 | -7.84K | 5.88K | 334K | -37K | -12K | 8K |
| Change in Payables | 735.91K | 0 | 0 | 0 | 712.83K | 1.21M | 729K | 37K | -156K | 305K |
| Cash from Investing | -254.52K | -2.36M | -121.82K | -286.74K | -1.29M | -2.39M | -6.42M | -3.76M | -1.04M | 2.22M |
| Capital Expenditures | -138.42K | -2.33M | -106.82K | -152.07K | -955.07K | -56.3K | -145K | -1.85M | -549K | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | -116.1K | -26.76K | -15K | -151.7K | 10.39K | -2.71M | -78K | -42K | -206K | -5K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -116 | -27 | -15 | 17.03K | -350K | 380K | -6.28K | 30K | -99K | 190K |
| Cash from Financing | 25.37M | 546.83K | 1.06M | 1.65M | 11.33M | 12.77M | 13.91M | 38.99M | 13.35M | 16.86M |
| Debt Issued (Net) | -300K | 0 | 0 | 0 | 288.08K | 11.5M | -139K | -9.7M | -110K | -115K |
| Equity Issued (Net) | 1000K | 540.47K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 4M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.4M | 0 | 0 |
| Other Financing | 46.31K | 6.36K | -8.82K | 0 | 3.58M | -5K | -3.94M | 23.19M | 39K | -79K |
| Net Change in Cash | 19.89M▲ 0% | -7.38M▼ 137.1% | -4.32M▲ 41.5% | -3.17M▲ 26.7% | 2.72M▲ 185.8% | 2.47M▼ 9.2% | -3.33M▼ 235.2% | 13.38M▲ 501.5% | -9.71M▼ 172.5% | -10.56M▲ 0% |
| Free Cash Flow | -5.36M▲ 0% | -7.9M▼ 47.2% | -5.33M▲ 32.4% | -4.78M▲ 10.5% | -8.54M▼ 78.9% | -7.97M▲ 6.7% | -11.13M▼ 39.6% | -23.68M▼ 112.7% | -23.18M▲ 2.1% | -29.86M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -60.08% | -47.23% | 32.43% | 10.48% | -78.86% | 6.67% | -39.62% | -112.72% | 2.12% | -25.57% |
| FCF per Share | -0.05 | -0.06 | -0.04 | -0.03 | -0.06 | -0.05 | -0.07 | -0.14 | -0.12 | -0.12 |
| FCF Conversion (FCF/Net Income) | 0.70x | 0.72x | 0.79x | 0.74x | 0.68x | -0.08x | 0.83x | 0.76x | 0.89x | 1.97x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 929K |
GoldMining Inc. (GLDG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -19.68% | -11.73% | -9.01% | -9.13% | -16.97% | 83.28% | -8.54% | -21.46% | -20.39% | -8.51% |
| Return on Invested Capital (ROIC) | -21% | -12.3% | -8.36% | -7.84% | -14.12% | -7.74% | -7.24% | -15.78% | -18.28% | -18.28% |
| Debt / Equity | 0.00x | 0.00x | - | - | 0.01x | 0.07x | 0.07x | 0.00x | 0.00x | 0.00x |
| Interest Coverage | -143.46x | -39.02x | -36.15x | - | -3889.79x | -82.66x | -8.63x | -20.53x | -534.30x | -113.47x |
| FCF Conversion | 0.70x | 0.72x | 0.79x | 0.74x | 0.68x | -0.08x | 0.83x | 0.76x | 0.89x | 1.97x |
GoldMining Inc. (GLDG) stock FAQ — growth, dividends, profitability & financials explained
GoldMining Inc. (GLDG) grew revenue by 0.0% over the past year. Growth has been modest.
GoldMining Inc. (GLDG) reported a net loss of $15.2M for fiscal year 2024.
GoldMining Inc. (GLDG) has a return on equity (ROE) of -20.4%. Negative ROE indicates the company is unprofitable.
GoldMining Inc. (GLDG) had negative free cash flow of $29.9M in fiscal year 2024, likely due to heavy capital investments.
GoldMining Inc. (GLDG) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates