GOLDMINING INC chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.04
Market capitalization 183.83M
Operating cash flow -9.4M
ESG Scores unknown

Company description

GoldMining Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company's principal projects include La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project located in Alaska, United States; and São Jorge Gold Project located in the State of Pará, northeastern Brazil. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Gold

Financial Ratios
Quick Ratio0.9
Working Capital-77.41
Return On Equity0.57
Debt To Equity0
Fixed Asset Ratio0.28
Fixed Interest Cover-82.59

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Change To Liabilities -87.61k -108.9k 712.83k 1.21M
Total Cashflows From Investing Activities -121.82k -286.74k -1.29M -2.39M
Net Borrowings 288.08k 288.08k 288.08k 11.5M
Total Cash From Financing Activities 1.07M 1.65M 11.33M 12.77M
Change To Operating Activities 14.97k 49.21k -367.65k -562.4k
Issuance Of Stock 1.07M 1.65M 7.46M 1.13M
Net Income -6.6M -6.22M -11.09M 100.36M
Change In Cash -4.32M -3.17M 2.72M 2.47M
Effect Of Exchange Rate -29.96k 92.23k 264.97k 3.5k
Total Cash From Operating Activities -5.24M -4.62M -7.59M -7.92M
Depreciation 284.7k 233.28k 298.44k 189.36k
Change To Account Receivables 38.98k 72.07k 7.84k -5.88k
Other Cashflows From Financing Activities 3.58M 3.58M 3.58M 132.52k
Change To Netincome 1.11M 1.35M 2.85M -109.1M
Capital Expenditures -106.82k -152.07k -955.07k -56.3k

Income Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Research Development
Income Before Tax -6.6M -6.22M -11.09M 109.2M
Net Income -6.6M -6.22M -11.09M 100.36M
Selling General Administrative 3.47M 3.13M 6.3M 6.42M
Gross Profit
Ebit -6.84M -6.33M -10.89M -12.03M
Operating Income -6.84M -6.33M -10.89M -12.03M
Interest Expense -2.81k -2.81k -2.81k -145.69k
Income Tax Expense 9.01M
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 241.95k 110.07k -196.11k 121.23M
Net Income From Continuing Ops -6.6M -6.22M -11.09M 100.18M
Net Income Applicable To Common Shares -6.6M -6.22M -11.09M 100.36M

Balance Sheet Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Total Liabilities 2.55M 2.63M 3.92M 24.45M
Total Stockholder Equity 70.49M 65.65M 64.3M 175.7M
Other Current Liabilities 37.57k 34.28k 26.62k 24.81k
Total Assets 73.04M 68.28M 69.43M 200.16M
Common Stock 113.21M 115.5M 128.18M 131.08M
Other Current Assets 350k
Retained Earnings -45.01M -51.23M -59.93M 41.18M
Treasury Stock 2.29M 1.37M -3.94M 3.44M
Cash 9.64M 6.48M 9.19M 11.66M
Total Current Liabilities 1.76M 1.81M 3.06M 13.57M
Other Stockholder Equity 2.29M 1.37M -3.94M 3.44M
Property, Plant, and Equipment 61.14M 59.47M 57.68M 56.26M
Total Current Assets 9.96M 6.86M 10.12M 12.28M
Net Tangible Assets 70.49M 65.65M 64.3M 175.7M
Net Receivables 126.59k 70.81k 62.97k 40.1k
Accounts Payable 770.64k 114.5k 609.07k 604.76k


Insider Transactions

Here are the insider transactions of stock shares related to GOLDMINING INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Dhaliwal (Herb)Acquisition or disposition in the public market at price 0.87 per share.D2022-10-12Director of Issuer16.1k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 0.90 per share.D2022-09-16Director of Issuer10k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.01 per share.D2022-07-28Director of Issuer7.8k
Still (Alastair)Exercise of rights at price 1.04 per share.I2022-05-11Senior Officer of Issuer12.5k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.78 per share.D2022-04-18Director of Issuer2.3k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.78 per share.D2022-04-18Director of Issuer7.7k
Smith, Timothy RobertD2022-04-07Senior Officer of Issuer
Still (Alastair)Exercise of rights at price 1.84 per share.I2022-03-24Senior Officer of Issuer12.5k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.81 per share.D2022-03-23Director of Issuer27k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.81 per share.D2022-03-22Director of Issuer18k
Dhaliwal (Herb)Exercise of options at price 0.83 per share.D2022-03-22Director of Issuer45k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.83 per share.D2022-03-21Director of Issuer7k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.83 per share.D2022-03-21Director of Issuer25k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.89 per share.D2022-03-21Director of Issuer18k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.62 per share.D2022-03-15Director of Issuer25k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.73 per share.D2022-03-14Director of Issuer25k
Pereira Neto, Paulo ValleExercise of options at price 1.33 per share.D2022-03-11Senior Officer of Issuer150k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.90 per share.D2022-03-10Director of Issuer10k
Dawson (Garnet L.)Exercise of options at price 1.32 per share.D2022-03-09Director of Issuer175k
Pereira Neto, Paulo ValleAcquisition or disposition in the public market at price 1.83 per share.D2022-03-09Senior Officer of Issuer63k
Pereira Neto, Paulo ValleAcquisition or disposition in the public market at price 1.84 per share.D2022-03-09Senior Officer of Issuer24k
Pereira Neto, Paulo ValleAcquisition or disposition in the public market at price 1.85 per share.D2022-03-09Senior Officer of Issuer16.5k
Pereira Neto, Paulo ValleAcquisition or disposition in the public market at price 1.86 per share.D2022-03-09Senior Officer of Issuer27.4k
Pereira Neto, Paulo ValleAcquisition or disposition in the public market at price 1.87 per share.D2022-03-09Senior Officer of Issuer4.1k
Still (Alastair)Exercise of rights at price 1.64 per share.I2022-02-11Senior Officer of Issuer12.5k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.56 per share.D2022-01-26Director of Issuer5.7k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.57 per share.D2022-01-26Director of Issuer4.3k
Dawson (Garnet L.)Acquisition or disposition in the public market at price 1.42 per share.D2022-01-06Director of Issuer15k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.47 per share.D2022-01-05Director of Issuer5k
Dhaliwal (Herb)Acquisition or disposition in the public market at price 1.51 per share.D2022-01-05Director of Issuer5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GOLDMINING INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GOLDMINING INC

Here is the result of two systematic investment strategies applied to GOLDMINING INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GOLDMINING INC

The following chart shows the equity curve of the two systematic investment strategies applied to GOLDMINING INC:

GOLDMINING INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.03% on the backtest period.

Performance at glance

Performance

2.03 %

Latent gain

35.51 C$

Invested capital

1749.25 C$

Annualized return

0.49 %
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Momentum strategy results on GOLDMINING INC

This is the result of two momentum investment strategies applied to GOLDMINING INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GOLDMINING INC

The following chart shows all the entries opened by the momentum investment system on GOLDMINING INC:

GOLDMINING INC momentum entries
  • The first momentum investment strategy would give 16.86% of return on GOLDMINING INC. That represents 800.95C$ of latent gain with 4750.71C$ of employed capital.
  • The second momentum investment strategy would give 17.36% of return on GOLDMINING INC. That represents 520.97C$ of latent gain with 3001.29C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

16.86 %

Latent gain

800.95 C$

Invested capital

4750.71 C$

Annualized return

-23.36 %
Performance at glance (2Q Momentum)

Performance

17.36 %

Latent gain

520.97 C$

Invested capital

3001.29 C$

Annualized return

4.74 %

Momentum equity curve on GOLDMINING INC

The following chart shows the equity curve of the two momentum strategies applied to GOLDMINING INC:

GOLDMINING INC momentum equity

Note: the dividends potentially given by GOLDMINING INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOLDMINING INC

The following chart shows the employed capital evolution of the two momentum strategies on GOLDMINING INC since the beginning:

GOLDMINING INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on GOLDMINING INC

Buy the dip entry openings on GOLDMINING INC

GOLDMINING INC

The performance achieved by the robo-advisor on GOLDMINING INC is -50.0%. That represents -125.1$ of latent gain with 250.2C$ of employed capital. The following chart shows GOLDMINING INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GOLDMINING INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-50.0 %

Latent gain

-125.1 C$

Invested capital

250.2 C$

Annualized return

-23.36 %

Equity curve of the strategy applied to GOLDMINING INC

The following chart shows the result of the investment strategy applied to GOLDMINING INC:

GOLDMINING INC

Note: the dividends potentially given by GOLDMINING INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOLDMINING INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on GOLDMINING INC:

GOLDMINING INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GOLDMINING INC

In this section, I will compare the three previous investment strategies applied to GOLDMINING INC.

Equity curve comparison on GOLDMINING INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GOLDMINING INC investment strategy comparison

Employed capital comparison on GOLDMINING INC

GOLDMINING INC investment comparison

Performance comparison on GOLDMINING INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.03% 35.51C$ 1749.25C$ 0.49%
Momentum 1 quarter 16.86% 800.95C$ 4750.71C$ 4.32%
Momentum 2 quarters 17.36% 520.97C$ 3001.29C$ 4.74%
Non-directional -50.0% -125.1C$ 250.2C$ -23.36%
Annualized return comparison

Automatic investment

0.49 %

Momentum 1Q

4.74 %

Momentum 2Q

4.74 %

Non-directional

-23.36 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GOLDMINING INC:

Positive correlations

Most correlated stocks this year

  • GOLDMINING INC

  • Most correlated stocks last 3 months

  • GOLDMINING INC
  • SANY INTL
  • FIRST TRACTOR
  • CHINARES CEMENT
  • CNBM
  • CHINA PENGFEI
  • ZOOMLION

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • G INVACOM^
  • Centogene NV

  • Note: The algorithm computes the probability of correlation between GOLDMINING INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of GOLDMINING INC does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name GOLDMINING INC
    Country Canada
    City Vancouver
    Address 1030 West Georgia Street
    Phone
    Website www.goldmining.com
    FullTime employees 22
    Industry Gold
    Sector Basic Materials
    Exchange XTSE
    Ticker GOLD.XTSE
    Market

    GOLDMINING INC ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown