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GoldMining Inc (GOLD) Fair Value & Analysis

Basic Materials · CA · Market cap C$282M

GI GoldMining Inc GOLD · TO
PriceC$1.26
Fair ValueC$3.18
Upside+152.4%
Quality93/100
Evidence: Low Range C$2.38 – C$3.97

Fair value as of: Jun 24, 2026

From 2 valuation models · updated 5 days ago

Share price −19.3% over the past month.

Price vs Fair Value (12 months)

C$2.83 C$0.9498 Fair Value C$3.18 Jun 2025 Jun 2026

12‑month range C$0.9498 – C$2.83 · fair‑value band C$2.38 – C$3.97 · the C$1.26 price screens below the C$3.18 fair value. As of Jun 24, 2026.

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Analysis

GoldMining Inc (GOLD) currently trades at C$1.26, while our model-based Fair Value estimate is C$3.18 — implying the stock looks roughly 152.4% undervalued today. We read business quality at 93/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

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

Key figures & financial health

Return on equity -9.8%
Free cash flow −C$23.2M FY2025
EPS (TTM) C$-0.0800
Net cash C$4.2M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

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. 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 In…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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

Revenue
FY21 C$0
FY22 C$0
FY23 C$0
FY24 C$0
FY25 C$0
Net income
FY21 C$100M
FY22 −C$13.2M
FY23 −C$28.8M
FY24 −C$25.3M
FY25 −C$13.5M

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Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $141.64 +26%
Zijin Mining Group 601899 ¥29.63 ¥43.68 +47%
Agnico Eagle Mines Limited AEM $176.75 $225.34 +27%
Barrick Mining Corporation B $40.14 $64.02 +59%
Wheaton Precious Metals Corp SII €113.40 €44.65 -61%
AngloGold Ashanti plc AU $86.23 $88.63 +3%

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Frequently asked questions

Is GoldMining Inc (GOLD) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$3.18 versus a price of C$1.26 — about +152% (undervalued). Model-based estimate, not financial advice.
What is the fair value of GOLD?
Our 21-model fair value for GoldMining Inc is C$3.18 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$1.26.
What is the quality score of GOLD?
GoldMining Inc has a Quality Score of 93/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of GOLD?
The net profit margin of GoldMining Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.