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GLDG
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GLDGGoldMining Inc.
$0.78$168M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
GLDG logo

GoldMining Inc.

GLDG
AMEX · Gold Miners
$0.78
At close - Nov 6, 4:00 PM EST - USD
Market Cap$168M
P/E-7.1x
52W High$2.27
Volume518.69K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Pre-Revenue Gold Explorer Burning Cash Against Thin Liquidity

GoldMining Inc. (GLDG) presents an exploration-stage profile with no disclosed revenue across the ten quarters reviewed, while operating losses ranged from roughly $4.8M to $14.9M per quarter and cumulative operating cash outflow exceeds $70M.

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

GLDG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-145% Peers

P/E is 145% below peer median

03

Market leadership

RS 22 · Lag

Laggard (Underperforming 78% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 14

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GLDG-37.52%
S&P 500 (^GSPC)+7.63%
1-Year Return
GLDG-37.52%
S&P 500 (^GSPC)+9.69%
3-Year Return
GLDG-1.64%
S&P 500 (^GSPC)+74.50%
5-Year Return
GLDG-44.61%
S&P 500 (^GSPC)+62.01%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-7.1x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-7.1x
2.0x
0th· Low
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
-
Net income FY25
-$13M+46.7% YoY
Free cash flow FY25
-$23M-0.1% YoY
Operating margin FY25
-
ROIC (FY25)-11.8%
Avg ROIC 5Y-12.2%
ROE (TTM)-14.7%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (27%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 14, 2026
-$0.04-84.8%
vs -$0.02
—
vs —
Q3 2026
Jul 14, 2026
-$0.03-50.0%
vs -$0.02
—
vs —
Q2 2026
Apr 14, 2026
-$0.02+0.0%
vs -$0.02
—
vs —
Q1 2026
Feb 27, 2026
-$0.02+0.0%
vs -$0.02
—
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·3d ago
GoldMining Commences Environmental Baseline and Permitting Work in Conjunction with Pre-Feasibility Study at São Jorge, Brazil

VANCOUVER, BC, Nov. 5, 2026 /PRNewswire/ -- GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that, in conjunction with the previously announced pre-feasibility study ("PFS"), the Company has commenced environmental and socioeconomic baseline studies required for the preparation of the Environmental Impact Assessment ("EIA") and Environmental Impact Report ("RIMA") to support the multistep licensing and permitting process at its 100%-owned São Jorge Gold Project ("São Jorge" or the "Project"), located in Pará State, Brazil.  Highlights: PFS Engineering Lead: The Company has engaged global engineering firm SLR Consulting ("SLR") to lead the multidisciplinary engineering and metallurgical work required for the PFS.

PRNewsWire·Oct 28, 2026
GoldMining Commences Pre-Feasibility Study and Begins Infill Drilling with Three Drills at the São Jorge Project, Brazil

VANCOUVER, BC, Oct. 28, 2026 /PRNewswire/ -- GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce the commencement of a Pre-Feasibility Study ("PFS") and the start of a planned 6,000-metre infill diamond core drilling program at its 100%-owned São Jorge Gold Project ("São Jorge" or the "Project"), located in Pará State, Brazil. Highlights: Infill Drilling Underway: Three diamond core drill rigs have commenced drilling at Sao Jorge to execute an initial 6,000-metre infill drilling campaign.

PRNewsWire·Oct 23, 2026
GoldMining Releases 2025 Sustainability Report

VANCOUVER, BC, Oct. 23, 2026 /PRNewswire/ -- GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce the publication of its fourth annual Sustainability Report for fiscal year 2025 (the "2025 Sustainability Report"). The 2025 Sustainability Report presents the Company's approach and performance on sustainability initiatives and outlines its sustainability strategy and goals for the future.

PRNewsWire·Oct 14, 2026
GoldMining Appoints Project Director to Lead Next Phase of Advancement of the São Jorge Gold Project, Brazil

VANCOUVER, BC, Oct. 14, 2026 /PRNewswire/ -- GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce the appointment of Alexandre Soares Pimenta as Project Director for its 100%-owned São Jorge Gold Project ("São Jorge" or the "Project"), located in Pará State, Brazil. Mr. Pimenta will lead the advancement of the Project, including the commencement of pre-feasibility activities and infill diamond drilling designed to support further evaluation and development planning.

Filtered for GoldMining Inc.More Headlines
04

Compare before deciding

Benchmark GLDG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for GoldMining Inc. (GLDG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GLDG logoGLDGGoldMining Inc.Current
$0.78$167.76M-7.12——-14.71%—
USAS logoUSASAmericas Gold and Silver Corporation
$3.09$1.04B-21.0817.71%-26.39%-23.94%—
GORO logoGOROGoldgroup Mining Inc.
$3.15$237.45M19.5844.01%8.69%42.44%—
AEM logoAEMAgnico Eagle Mines Limited
$191.57$97B15.9143.71%41.02%22.39%0.75%
KGC logoKGCKinross Gold Corporation
$22.24$26.56B8.3839.34%37.68%33.35%0.56%
AU logoAUAngloGold Ashanti plc
$92.99$47.03B12.1170.78%32.63%37.21%3.96%

Compare GLDG vs Peers

GoldMining Inc. (GLDG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs USAS

Most directly comparable listed peer for GLDG.

Scale Benchmark

vs CAT

Larger-name benchmark to compare GLDG against a more recognizable public peer.

Peer Set

Compare Top 5

vs USAS, GORO, AEM, KGC

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GLDG Frequently Asked Questions

GoldMining Inc. (GLDG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is GLDG profitable?

No. GoldMining Inc. (GLDG) reported a net loss of $33.3M over the trailing twelve months.

Dividend & Returns
What is GLDG's return on equity?

GoldMining Inc. (GLDG) had a return on equity (ROE) of -14.7% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is GoldMining Inc.'s free cash flow?

GoldMining Inc. (GLDG) had negative free cash flow of $32.9M over the trailing twelve months.

What if you invested $1,000 in GLDG back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

See returns →