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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 $0.96, up 1.8% from the previous day, and has increased 0.42% in one year. It has underperformed other stocks in the Gold industry by 0.12 percentage points. Goldmining stock is currently +26.84% from its 52-week low of $0.76, and -10.74% from its 52-week high of $1.08.

As of Jul 16, 2024, there are 183.91M shares of GLDG outstanding. The market capitalization of GLDG is $177.29M. In the last 24 hours, 404,050 GLDG shares were traded.

How to Buy Goldmining Stock

Not sure how to invest in Goldmining stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

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

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Step 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.

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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.

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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

GLDG Price
$0.96
1w %
5.36%
1y %
0.42%
5y %
N/A
P/E
-10.04x
P/B
1.84x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$18.92M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$177.29M
Next Earnings
N/A
Next Dividend
N/A

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 1.84x, relative to Gold industry P/B ratio of 2x

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 $12.77M in cash and short term investments. This is not enough to cover its annual cash burn of $17.38M.
  • GLDG has cash burn of 17380147. It does not have enough cash and short-term investments to cover this.

Is it a good time to buy Goldmining stock, according to analysts?

Out of 1 sell side analysts who give forecasts on GLDG, the consensus analyst rating on Goldmining is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Goldmining stock forecast page.

GLDG Trading Indicators

SMA10
0.93
SMA20
0.92
SMA50
0.9
SMA100
0.87
SMA200
0.86
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
58.51
Stochastic %K
72.83
Stochastic %D
69.33
StochRSI %K
85.84
StochRSI %D
81.83

Latest Insiders Trades at GLDG

Over the last 12 months, insiders at GLDG have not bought or sold any shares.

Learn more about who owns GLDG shares here.

Can I rely on GLDG as an income stream?

No, Goldmining doesn't provide an income stream by paying out dividends.

GLDG Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your GLDG purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

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

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Step 6: Get the latest news on your investment in GLDG

Now that you own some GLDG stock, you'll want to keep up with your stock purchase.

Start a watchlist to get notified of important updates regarding your GLDG stock.

GLDG Feed

How to Buy Stock in Goldmining

To summarize, here are the 6 steps to buy stock in Goldmining:

  1. Decide where to buy Goldmining stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Analyze Goldmining stock
  5. Place your GLDG purchase
  6. Get the latest news on your investment in GLDG

If you need a online brokerage, eToro is our recommended venue.

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.

If you want to get the latest news on your new investment in Goldmining, add GLDG to your watchlist below.

NYSEMKT: GLDG
$0.96+0.02 (+1.8%)
Updated Jul 16, 2024
Open eToro Account
NYSEMKT: GLDG
$0.96+0.02 (+1.8%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Goldmining share?

As of Jul 16, 2024, it costs $0.96 to buy one share of Goldmining stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.48, you can buy 0.5 shares of GLDG.

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.

Is now a good time to buy Goldmining stock?

According to 1 Wall Street analysts who monitor Goldmining, their consensus recommendation is to buy Goldmining stock.

What is the best way to buy Goldmining stock?

One way to place an order for Goldmining 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.