Trek Financial LLC acquired a new position in GoldMining Inc. (NYSEAMERICAN:GLDG – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,553,684 shares of the company’s stock, valued at approximately $3,192,000.
Several other institutional investors also recently bought and sold shares of the company. Sigma Planning Corp acquired a new stake in GoldMining in the 4th quarter worth about $47,000. Qube Research & Technologies Ltd purchased a new position in GoldMining in the 3rd quarter worth approximately $162,000. Millennium Management LLC purchased a new position in GoldMining in the 3rd quarter worth approximately $116,000. Bank of America Corp DE lifted its stake in GoldMining by 204.6% in the 3rd quarter. Bank of America Corp DE now owns 393,604 shares of the company’s stock worth $484,000 after purchasing an additional 264,400 shares in the last quarter. Finally, Sprott Inc. lifted its stake in GoldMining by 12.7% in the 3rd quarter. Sprott Inc. now owns 363,621 shares of the company’s stock worth $447,000 after purchasing an additional 40,843 shares in the last quarter. 11.25% of the stock is currently owned by institutional investors and hedge funds.
GoldMining Price Performance
GLDG opened at $1.25 on Wednesday. The company’s 50 day simple moving average is $1.29 and its two-hundred day simple moving average is $1.40. GoldMining Inc. has a 1-year low of $0.72 and a 1-year high of $2.27. The firm has a market capitalization of $267.50 million, a price-to-earnings ratio of -20.83 and a beta of 1.16.
About GoldMining
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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