How to Buy Goldmining Stock
Goldmining Inc
Goldmining is a gold company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker GLDG on the NYSEMKT exchange.
Goldmining stock last closed at $0.85, up 2.16% from the previous day, and has decreased 24.78% in one year. It has underperformed other stocks in the Gold industry by 0.13 percentage points. Goldmining stock is currently +11.84% from its 52-week low of $0.76, and -24.44% from its 52-week high of $1.13.
As of Apr 18, 2024, there are 183.91M shares of GLDG outstanding. The market capitalization of GLDG is $156.33M. In the last 24 hours, 268,660 GLDG shares were traded.
How to Buy Goldmining Stock
Not sure how to invest in Goldmining stock? Here's how.
- Decide where to buy Goldmining stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Goldmining stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your information.
- Analyze Goldmining stock: The Goldmining ticker symbol is GLDG. Is Goldmining stock a good investment? Should you buy shares of GLDG? How do GLDG's underlying business fundamentals look? Do top analysts think Goldmining is a good buy? Why has GLDG's stock price moved recently? (Hint: Our stock market research website can help you understand if GLDG is a good stock to buy).
- Place your GLDG purchase: Decide if you will purchase GLDG shares at the current market price or use a limit order to buy GLDG stock at a particular price.
- Get the latest news on your investment in GLDG: Create a watchlist to watch your new investment in Goldmining shares.
Step 1: Decide where to buy Goldmining stock
You need a brokerage account in order to access the NYSEMKT market and buy GLDG stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you are able to invest in GLDG stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
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Step 3: Deposit money your investment account
Now that you have finished signing up on the best app for stock investing, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing funds into your investment account.
Step 4: Analyze Goldmining stock
Once you have figured out the best place to buy Goldmining stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.
Goldmining shares data
Fundamentals of GLDG
WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on GLDG's stock page.
Is GLDG stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge GLDG's intrinsic value.
Using relative valuations metrics:
- GLDG may be undervalued based on its P/B ratio of 1.62x, relative to Gold industry P/B ratio of 1.7x
You can access more valuation analysis on GLDG's stock here.
GLDG Financial Overview
Positive Financial Indicators:
- GLDG has a low debt to equity ratio of 0.04.
- There are more short-term assets than long-term liabilities on the GLDG balance sheet.
- There are more short-term assets than short-term liabilities on the GLDG balance sheet.
Negative Financial Indicators:
- GLDG has $13.37M in cash and short term investments. This is not enough to cover its annual cash burn of $17.30M.
- GLDG has cash burn of 17299264. It does not have enough cash and short-term investments to cover this.
GLDG Technical Indicators
Latest Insiders Trades at GLDG
In the last 12 months, executives and large shareholders at GLDG have not bought or sold any shares.
Research more about who owns GLDG stock here.
Does GLDG stock generate passive income?
No, Goldmining doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Place your GLDG purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will execute the order.
If you want additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in GLDG
Now that you own some GLDG shares, you'll want to stay up-to-date on your new company.
Start a watchlist to get alerted to the latest events about your GLDG stock.
GLDG Feed
How to Buy Stock in Goldmining
To reiterate, here are the 6 steps for buying Goldmining stock:
- Decide where to buy Goldmining stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Goldmining stock
- Place your GLDG purchase
- Get the latest news on your investment in GLDG
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Goldmining, click the button below.
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