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GoldMining Inc. Confirms Significant Gold-Antimony Results at Crucero Project

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GoldMining Inc. Confirms Significant Gold-Antimony Results at Crucero Project

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

On June 17, 2025, GoldMining Inc. announced the confirmation of significant gold-antimony results from historic drilling at its Crucero Project in Peru. The results highlight the project’s potential as a dual gold-antimony system, with notable drill intercepts including 4.01 g/t AuEq over 56 meters and 2.54 g/t AuEq over 107 meters. These findings, part of an ongoing review of historic assay data, aim to enhance the economic value of the project by uncovering new multi-metal value opportunities. The company is working to compile a comprehensive database of assay results to further analyze the distribution and grade of antimony, which coexists with gold mineralization at the site.

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. operates in the mining industry, focusing on the exploration and development of gold and antimony resources. The company is primarily engaged in advancing its Crucero Project in Peru, which is known for its significant gold-antimony mineralization.

Average Trading Volume: 131,752

Technical Sentiment Signal: Sell

Current Market Cap: C$203.9M

For an in-depth examination of GOLD stock, go to TipRanks’ Overview page.

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