GLDG Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
GoldMining Inc (GLDG) is not a strong buy for a beginner, long-term investor at this time. While the company has shown positive developments in its resource estimates and analyst ratings, the lack of significant financial growth, neutral trading trends, and absence of strong proprietary trading signals suggest holding off on investment until clearer growth indicators emerge.
The MACD is below zero and negatively contracting, indicating bearish momentum. RSI is neutral at 51.474, and moving averages are converging, showing no clear trend. The stock is trading near its pivot level of 1.481, with resistance at 1.571 and support at 1.391.
Updated Mineral Resource Estimate for the Crucero Project shows a 75% increase in resources, including antimony for the first time.
Analyst Joe Reagor raised the price target to $2.80, citing potential resource growth and appreciation of investments.
Current gold spot prices are significantly higher than the company's long-term estimate, which could benefit future profitability.
Financial performance in 2025/Q3 shows a significant decline in net income (-104.34% YoY) and EPS (-100.00% YoY), with no revenue growth.
Technical indicators suggest no clear bullish momentum.
Hedge funds and insiders are neutral, with no significant trading trends.
In 2025/Q3, the company reported no revenue growth (0.00% YoY), a significant drop in net income (-104.34% YoY), and EPS declined to 0 (-100.00% YoY). Gross margin remained flat at 0.
Roth Capital analyst Joe Reagor raised the price target to $2.80 from $2.60 and maintained a Buy rating, citing potential resource growth and appreciation of investments.
