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GoldMining Inc (GLDG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

Industry
Gold

Highlights

Market Cap
$249.01M
Enterprise Value
$245.15M
EPS (TTM)
-$0.07
Gross Profit (TTM)
-$336.49K
EBITDA (TTM)
-$11.45M
Year Range
$0.71 - $2.27
Target Price
$3.28
ROA (TTM)
-5.66%
ROE (TTM)
-5.94%

Share Price Chart


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GoldMining Inc

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in GoldMining Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

GoldMining Inc (GLDG) has returned -4.80% so far this year and 40.00% over the past 12 months. Over the last ten years, GLDG has returned 7.93% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


GoldMining Inc

1D
8.18%
1M
-30.41%
YTD
-4.80%
6M
-3.25%
1Y
40.00%
3Y*
-0.55%
5Y*
-7.10%
10Y*
7.93%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 5, 2011, GLDG's average daily return is +0.08%, while the average monthly return is +1.54%. At this rate, your investment would double in approximately 3.8 years.

Historically, 43% of months were positive and 57% were negative. The best month was Apr 2016 with a return of +119.0%, while the worst month was Mar 2026 at -30.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GLDG closed higher 41% of trading days. The best single day was Nov 4, 2011 with a return of +27.8%, while the worst single day was Dec 12, 2013 at -21.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202627.20%7.55%-30.41%-4.80%
2025-0.99%0.38%6.25%-9.41%-2.34%-4.26%6.29%21.21%32.60%12.20%3.62%-12.59%55.28%
2024-15.30%-4.74%11.32%-6.41%9.02%0.13%-2.21%-3.76%11.73%-2.12%-5.45%-7.47%-17.37%
20234.42%-9.32%13.08%-14.05%0.00%-13.36%5.77%-11.74%-6.62%-0.45%17.14%6.35%-13.79%
202229.17%15.48%-5.03%-22.94%-8.40%-20.32%5.63%-11.58%-7.05%4.22%58.38%-17.52%-5.83%
2021-20.18%-4.60%-0.60%-3.03%12.50%-20.00%-1.39%-7.75%-10.69%15.38%-4.44%-6.98%-44.95%

Benchmark Metrics

GoldMining Inc has an annualized alpha of 14.25%, beta of 0.48, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since July 06, 2011.

  • This stock participated in 113.42% of S&P 500 Index downside but only 63.79% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.48 may look defensive, but with R² of 0.02 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.02 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
14.25%
Beta
0.48
0.02
Upside Capture
63.79%
Downside Capture
113.42%

Return for Risk

Risk / Return Rank

GLDG ranks 62 for risk / return — better than 62% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


GLDG Risk / Return Rank: 6262
Overall Rank
GLDG Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
GLDG Sortino Ratio Rank: 6161
Sortino Ratio Rank
GLDG Omega Ratio Rank: 6060
Omega Ratio Rank
GLDG Calmar Ratio Rank: 6161
Calmar Ratio Rank
GLDG Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for GoldMining Inc (GLDG) and compare them to a chosen benchmark (S&P 500 Index).


GLDGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.62

0.90

-0.28

Sortino ratio

Return per unit of downside risk

1.25

1.39

-0.13

Omega ratio

Gain probability vs. loss probability

1.16

1.21

-0.05

Calmar ratio

Return relative to maximum drawdown

0.92

1.40

-0.48

Martin ratio

Return relative to average drawdown

2.42

6.61

-4.19

Explore GLDG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


GoldMining Inc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the GoldMining Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the GoldMining Inc was 81.97%, occurring on Jan 20, 2016. Recovery took 99 trading sessions.

The current GoldMining Inc drawdown is 58.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.97%Mar 23, 2012955Jan 20, 201699Jun 10, 20161054
-77.95%Sep 23, 2016564Dec 19, 2018420Aug 20, 2020984
-75.24%Sep 2, 20201205Jun 20, 2025
-32.76%Jul 7, 201640Aug 31, 201613Sep 20, 201653
-29.37%Jul 29, 201157Oct 18, 201179Feb 10, 2012136

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of GoldMining Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how GoldMining Inc is priced in the market compared to other companies in the Gold industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for GLDG in comparison with other companies in the Gold industry. Currently, GLDG has a P/B value of 1.1. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items