How to Buy Golden Matrix Group Stock

Golden Matrix Group Inc

Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators.

Golden Matrix Group stock last closed at $1.86, up 1.09% from the previous day, and has decreased 41.32% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.48 percentage points. Golden Matrix Group stock is currently +9.41% from its 52-week low of $1.70, and -70.33% from its 52-week high of $6.27.

At the moment, there are 128.9M GMGI shares outstanding. The market cap of GMGI is $239.76M. In the last 24 hours, 118,172 GMGI shares were traded.

How to Buy Golden Matrix Group Stock

Wondering how to invest in Golden Matrix Group stock? Here's how.

  1. Figure out where to buy Golden Matrix Group stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Golden Matrix Group stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Golden Matrix Group stock: The Golden Matrix Group ticker symbol is GMGI. Is Golden Matrix Group stock a good investment? Should you buy shares of GMGI? How do GMGI's underlying business fundamentals look? Do top analysts think Golden Matrix Group is a good buy? Why has GMGI's stock price moved recently? (Hint: Our stock market research website can help you understand if GMGI is a good stock to buy).
  5. Place your GMGI trade: Decide if you will purchase GMGI shares at the current market price or use a limit order to buy GMGI stock at a specific price.
  6. Track your GMGI investment: Create a watchlist to the latest updates on your position in Golden Matrix Group shares.

Step 1: Figure out where to buy Golden Matrix Group stock

You will need a brokerage account in order to access the NASDAQ market and buy GMGI shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you are able to buy GMGI today.

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  2. Enter your personal info to start your new brokerage account.
  1. Submit your information by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have finished signing up on the greatest app to buy stocks, your next step is to transfer the money for your investment:

Watch the tutorial below for more details transferring money into your investment account.

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Step 4: Analyze Golden Matrix Group stock

After you have selected the best place to buy Golden Matrix Group stock, it's crucial to analyze their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

Golden Matrix Group quick stats

GMGI Price
$1.86
1w %
-2.11%
1y %
-41.32%
5y %
N/A
P/E
N/A
P/B
2.54x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$239.76M
Next Earnings
Mar 12, 2025
Next Dividend
N/A

Golden Matrix Group Due Diligence Score

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on GMGI's stock page.

How is GMGI stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge GMGI's fair value.

Using relative valuations measures:

  • GMGI could be undervalued based on its P/B ratio of 2.54x, relative to Electronic Gaming & Multimedia industry P/B ratio of 5.2x

You can access more valuation research on GMGI's stock here.

GMGI Financial Health Overview

Signs that GMGI is financially healthy:

  • There are more short-term assets than long-term liabilities on the GMGI balance sheet.

Signs that GMGI is not financially healthy:

  • There are more short-term liabilities than short-term assets on the GMGI balance sheet.
  • GMGI has a relatively high debt to equity ratio of 1.22.

You can dig deeper into what analysts are projecting on the Golden Matrix Group stock forecast page.

Metrics for Advanced GMGI Traders

SMA10
1.89
SMA20
2
SMA50
2.08
SMA100
2.26
SMA200
2.74
MACD
-0.08
MACD Signal
-0.06
MACD Histogram
-0.01
RSI
42.49
Stochastic %K
22.29
Stochastic %D
17.54
StochRSI %K
45.98
StochRSI %D
32.32

Latest Insiders Trades at GMGI

Over the last year, executives and large shareholders at GMGI have bought more shares than they have sold.

Aleksandar Milovanovic, 10% Owner of GMGI, was the latest GMGI insider to buy. They bought $108,966.61 worth of GMGI shares on Feb 4, 2025.

Learn more about who owns GMGI shares here.

Can I rely on GMGI as an income stream?

No, Golden Matrix Group doesn't provide an income stream by paying out dividends.

What do other traders have to say about GMGI?

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Step 5: Place your GMGI trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open Trade button and your broker will place your order.

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Step 6: Track your GMGI investment

Now that you own some GMGI shares, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to track the latest developments regarding your GMGI stock.

GMGI Feed

How to Buy Stock in Golden Matrix Group

To reiterate, here are the 6 steps you need to take to buy Golden Matrix Group stock right now:

  1. Figure out where to buy Golden Matrix Group stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Golden Matrix Group stock
  5. Place your GMGI trade
  6. Track your GMGI investment

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If you would like to keep an eye on your investment in Golden Matrix Group, create a watchlist on WallStreetZen today.

NASDAQ: GMGI
$1.86+0.02 (+1.09%)
Updated Feb 6, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: GMGI
$1.86+0.02 (+1.09%)
Updated Feb 6, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Golden Matrix Group share?

As of Feb 6, 2025, it costs $1.86 to buy one share of Golden Matrix Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.93, you can buy 0.5 shares of GMGI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Golden Matrix Group stock?

One way to place an order for Golden Matrix Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.