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GoldMining ( (TSE:GOLD) ) has issued an announcement.
On June 9, 2025, GoldMining Inc. announced the sale of 60,000 common shares of NevGold Corp. through a market transaction on the TSX Venture Exchange. This sale slightly reduced GoldMining’s holdings in NevGold, but the company still maintains a substantial stake, owning approximately 22.8% of NevGold’s outstanding shares. The decision to sell was driven by investment purposes, and GoldMining may adjust its holdings in the future based on market conditions and strategic considerations.
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 that focuses on acquiring and developing gold assets across the Americas. The company boasts a diversified portfolio of resource-stage gold and gold-copper projects, with strategic investments 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.
YTD Price Performance: -10.83%
Average Trading Volume: 134,531
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$209.7M
Learn more about GOLD stock on TipRanks’ Stock Analysis page.