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GoldMining Inc. Reduces Stake in NevGold Corp.

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GoldMining Inc. Reduces Stake in NevGold Corp.

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

On August 25, 2025, GoldMining Inc. announced the disposal of 1,500,000 common shares of NevGold Corp. through block trades on the TSX Venture Exchange. This transaction reduced GoldMining’s ownership in NevGold from 21.1% to 19.8%. The company filed an early warning report as required and indicated that the disposal was for investment purposes, with future actions dependent 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 focused on acquiring and developing gold assets across the Americas. The company has a diversified portfolio of resource-stage gold and gold-copper projects and strategic investments in Canada, the U.S.A., Brazil, Colombia, and Peru. It also holds significant shares in Gold Royalty Corp., U.S. GoldMining Inc., and NevGold Corp.

YTD Price Performance: -1.67%

Average Trading Volume: 149,002

Technical Sentiment Signal: Hold

Current Market Cap: C$234.9M

See more data about GOLD stock on TipRanks’ Stock Analysis page.

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