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GLDGGoldMining Inc.
$0.90$192M
Overview & Verdict
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GLDG logoGoldMining Inc.(GLDG)Earnings, Financials & Key Ratios

GLDG•AMEX
$0.90
Price updated Jul 7, 2026
SectorBasic MaterialsIndustryGoldSub-IndustryGold developers and project builders
AboutGoldMining 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, United States; and São Jorge Gold Project located in the State of Pará, northeastern 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.Show more
  • Revenue$0
  • EBITDA-$26M+1.3%
  • Net Income-$13M+46.7%
  • EPS (Diluted)-0.07+49.7%
  • ROE-7.82%+61.7%

GLDG Price & Volume

GoldMining Inc. (GLDG) stock price & volume — 10-year historical chart

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Persistent Operational Burn Challenges Asset Holding Strategy

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Healthy
Cash Flow:Burning
Primary Risk:Persistent Operational Cash Burn

Key Thesis Takeaways

  • GoldMining Inc.
  • functions as a pre-revenue resource-holding vehicle, relying heavily on equity financing to sustain its administrative and exploration activities.
  • While the company maintains a debt-free balance sheet, the consistent quarterly cash burn—often exceeding $5 million—and the erosion of retained earnings to a $13.3 million deficit present significant long-term risks to shareholder value.
  • Investors should monitor the company's ability to monetize its mineral property portfolio, as current liquidity buffers have dwindled to $3.8 million, necessitating potential future dilution.

Verdict Logic

the company's reliance on equity financing to cover persistent operational losses, evidenced by a $13.3 million retained earnings deficit, creates a structural risk of ongoing shareholder dilution.

GLDG Growth Metrics

GoldMining Inc. (GLDG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM42.82%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM47.52%

Return on Capital

10 Years-13.98%
5 Years-14.72%
3 Years-18.25%
Last Year-14.71%

GLDG Recent Earnings

GoldMining Inc. (GLDG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (27%)
Q2 2026Latest
Apr 14, 2026
Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
—
—
Q2 2026
Apr 10, 2026
Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
—
—
Q1 2026
Feb 27, 2026
Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
—
—
Q4 2025
Oct 10, 2025
Metric
Actual
Est
EPS
$0.00+106.8%
$0.02
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 14, 2026
$0.02vs $0.02+0.0%
—
Q2 2026Apr 10, 2026
$0.02vs $0.02+0.0%
—
Q1 2026Feb 27, 2026
$0.02vs $0.02+0.0%
—
Q4 2025Oct 10, 2025
$0.00vs $0.02+106.8%
—
Based on last 12 quarters of dataView full earnings history →

Latest GLDG News

Recent stock market news and headlines for GoldMining Inc. (GLDG)

PRNewsWire·Jun 25, 2026
GoldMining Issues Mid-Year 2026 Shareholder Update

VANCOUVER, BC, June 25, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to provide the following message from the President and CEO of GoldMining to update shareholders on the Company's recent progress in advancing and unlocking value from its portfolio of assets, while enhancing its balance sheet that includes cash and publicly traded securities. Key First-Half 2026 Highlights: Balance Sheet Strength: The Company has no debt and holds approximately US$185 million1 in cash and publicly traded securities, the balance of which almost equates to the entire market capitalization of GoldMining.

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
$0.90$192.43M-18.90——-7.82%—
USAS logoUSASAmericas Gold and Silver Corporation
$4.39$1.17B-13.3017.71%-36.33%-41.36%—
GORO logoGOROGold Resource Corporation
$1.31$180.01M-27.8744.01%5.15%19.13%—
AEM logoAEMAgnico Eagle Mines Limited
$150.33$75.17B16.9743.71%39.46%22.02%—
KGC logoKGCKinross Gold Corporation
$23.87$28.59B12.0039.34%36.04%33.95%—
AU logoAUAngloGold Ashanti Plc
$82.01$41.42B15.8070.78%31.11%35.5%—

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?

GoldMining Inc. (GLDG) reported a net loss of $15.6M for fiscal year 2025.

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

GoldMining Inc. (GLDG) has a return on equity (ROE) of -7.8%. Negative ROE indicates the company is unprofitable.

What is GoldMining Inc.'s free cash flow?

GoldMining Inc. (GLDG) had negative free cash flow of $34.1M in fiscal year 2025, likely due to heavy capital investments.

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

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

See returns →