GoldMining Inc (GLDG) Fair Value & Analysis

Basic Materials · US · Market cap $204M

Below-average quality, and screening another 91% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case ($0.1100). The favourable scenario is already priced in.
• Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
• The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
• A fairly wide model range ($0.0600 to $0.1100) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range $0.7198 – $2.14 · fair‑value band $0.0600 – $0.1100 · the $1.02 price screens above the $0.0900 fair value. Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

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Analysis

GoldMining Inc (GLDG) currently trades at $1.02, while our model-based Fair Value estimate is $0.0900, implying the stock looks roughly 91.2% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

It earns a return on equity of -9.8%. The balance sheet holds a net cash position of $4.2M. Fundamentals as of Jul 24, 2026

Our scenario range runs from $0.0600 (bear case) to $0.1100 (bull case); at $1.02, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 55% below its 52-week high and 42% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at -91%, GLDG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Key figures & financial health

Quality Score breakdown

About the company

GoldMining Inc., a mineral exploration company, engages in the acquisition, exploration, and development of projects in Canada, the United States, Brazil, Colombia, and Peru. The company explores for gold, copper, silver, and uranium deposits.

Full company description

GoldMining Inc., a mineral exploration company, engages in the acquisition, exploration, and development of projects in Canada, the United States, Brazil, Colombia, and Peru. The company explores for gold, copper, silver, and uranium deposits. Its principal projects include the 100% owned La Mina gold project, which comprises two concessions covering 3,208 hectares located southwest of Medellin in the Department of Antioquia, Colombia; the 100% owned Titiribi gold-copper project, which covers an area of 3,919 hectares located southwest of Medellín in the Department of Antioquia, Colombia; the 100% owned São Jorge gold project, which comprises eight exploration permits totaling 46,485 hectares located in the Tapajós Gold District in Pará State, Brazil; and the Whistler gold-copper project, which covers an area totaling 53,700 acres located northwest of Anchorage in Alaska, the United States. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GoldMining Inc reported revenue of $0 in FY2025 versus $0 in FY2021. Reported net income was −$13.5M in FY2025.

GLDG screens 91% overvalued. Compare with Newmont Corporation →

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

• GoldMining Files PEA Technical Report for its São Jorge Project, Brazil Yahoo Finance · Jul 22, 2026
• GoldMining (GLDG) Issues Mid-Year 2026 Shareholder Update Yahoo Finance · Jul 9, 2026
• GoldMining Issues Mid-Year 2026 Shareholder Update Yahoo Finance · Jun 25, 2026
• GoldMining Stock Getting Very Oversold Nasdaq · Jun 8, 2026

Peer Group

Gold · 259 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Gold median · lower = cheaper

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.