GoldMining Inc. Applauds Alaska’s Infrastructure Initiative for Whistler Project

GoldMining ( (TSE:GOLD) ) has shared an update.

GoldMining Inc. has welcomed the State of Alaska’s and the Alaska Industrial Development and Export Authority’s submission of a permit application for the West Susitna Access Project (WSAP), a critical infrastructure initiative. This project is expected to significantly enhance economic development in south central Alaska by providing access to remote lands, thereby benefiting GoldMining’s Whistler Gold-Copper Project. The WSAP will connect the Whistler Project to existing infrastructure, potentially unlocking resource extraction and economic opportunities. This development aligns with favorable market conditions and supportive government policies, positioning the Whistler Project for growth.

The most recent analyst rating on (TSE:GOLD) stock is a Buy with a C$2.60 price target. To see the full list of analyst forecasts on GoldMining stock, see the TSE:GOLD Stock Forecast page.

Spark’s Take on TSE:GOLD Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOLD is a Underperform.

GoldMining’s overall score reflects significant financial struggles with zero revenue and consistent losses. The technical indicators show a bearish trend, and the negative P/E ratio highlights poor valuation. These factors combine to provide a low attractiveness score.

To see Spark’s full report on TSE:GOLD stock, click here.

More about GoldMining

GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets across the Americas. The company has a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru. GoldMining also holds significant shares in Gold Royalty Corp., U.S. GoldMining Inc., and NevGold Corp.

Average Trading Volume: 147,757

Technical Sentiment Signal: Sell

Current Market Cap: C$222.9M

For detailed information about GOLD stock, go to TipRanks’ Stock Analysis page.