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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 27, 2025, GoldMining Inc. announced the disposal of 3,500,000 common shares of NevGold Corp. through a block trade on the TSX Venture Exchange. This transaction reduced GoldMining’s holdings in NevGold from approximately 19.8% to 16.7% of the outstanding shares. The company stated that the disposal was for investment purposes and indicated that future actions regarding its holdings would depend on market conditions and other factors.

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 in 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.

Average Trading Volume: 158,499

Technical Sentiment Signal: Buy

Current Market Cap: C$246.8M

For a thorough assessment of GOLD stock, go to TipRanks’ Stock Analysis page.

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