HC Wainwright Decreases Earnings Estimates for GoldMining

GoldMining Inc. (NYSEAMERICAN:GLDGFree Report) – Research analysts at HC Wainwright reduced their FY2026 earnings per share (EPS) estimates for shares of GoldMining in a report released on Friday, July 17th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.13) per share for the year, down from their previous estimate of ($0.10). HC Wainwright has a “Buy” rating and a $2.75 price objective on the stock. The consensus estimate for GoldMining’s current full-year earnings is ($0.10) per share.

GoldMining Stock Down 0.0%

Shares of NYSEAMERICAN GLDG opened at $0.84 on Tuesday. The stock has a market capitalization of $180.21 million, a price-to-earnings ratio of -10.50 and a beta of 1.20. GoldMining has a 52 week low of $0.76 and a 52 week high of $2.27. The firm has a 50-day moving average price of $0.99 and a 200 day moving average price of $1.27.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Pacific Excel Wealth Advisors Inc. purchased a new stake in shares of GoldMining during the 2nd quarter worth approximately $27,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in GoldMining in the 1st quarter valued at approximately $69,000. Renaissance Technologies LLC increased its stake in GoldMining by 572.7% in the 1st quarter. Renaissance Technologies LLC now owns 3,894,861 shares of the company’s stock valued at $4,635,000 after purchasing an additional 3,315,830 shares in the last quarter. XTX Topco Ltd raised its holdings in GoldMining by 196.9% during the fourth quarter. XTX Topco Ltd now owns 330,803 shares of the company’s stock worth $414,000 after purchasing an additional 219,392 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in GoldMining during the fourth quarter worth $44,000. 11.25% of the stock is owned by hedge funds and other institutional investors.

About GoldMining

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GoldMining Inc is a Canada-based mineral exploration and development company focused on the acquisition and advancement of precious metal projects in the Americas. Publicly traded on the NYSE American under the symbol GLDG, the company targets high-quality gold assets with the potential for significant resource expansion. GoldMining seeks to identify projects at various stages, from early exploration to advanced development, and apply systematic drilling and metallurgical testing to enhance their economic prospects.

The company’s portfolio encompasses a diversified suite of properties across North and South America.

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