GoldMining Inc. (GLDG)
GoldMining Inc. is a mineral exploration firm primarily focused on acquiring, prospecting, and advancing gold projects throughout the Americas. The company manages a diverse portfolio of resource-stage gold and gold-copper properties situated in various countries, including Canada, the United States, Brazil, Colombia, and Peru. Key projects within its portfolio include the La Mina Gold Project and Titiribi Gold-Copper Project in Colombia, the Whistler Gold-Copper Project located in Alaska, USA, and the São Jorge Gold Project, which is found in the State of Pará, northeastern Brazil. The organization, founded in 2009, was previously known as Brazil Resources Inc. before officially changing its name to GoldMining Inc. in December 2016. Its corporate headquarters are located in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Gold
GoldMining Inc.
NYSE:GLDGBasic Materials · Gold
-1.67%$0.7401
AH Close$0.7401+0.00%vs close
AH Close$0.7401+0.00%vs close
Mkt Cap$158.97M
Float207.52M
O/S214.8M
Inst Own9.4%
SI3.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$9.6M
Total Assets$169.43M
Free Cash Flow-$16.53M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$213K
Total Equity$161.48M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:1,800Reverse splitSep 16, 20161,800 shares → 1
- 1:100Reverse splitDec 23, 2014100 shares → 1
Balance Sheet Details
Assets$169.43M
Liabilities$5.95M
Accounts Receivable$112K
Accounts Payable$1.55M
Inventory$0
PP&E (Net)$2.1M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $246K | $235K | $169K | $164K | $135K | $206K | $166K | $203K | $211K | $172K | $79K | $44K | $2.3M | $1.61M | $909K | $242K |
| Gross Profit | -$246K | -$235K | -$169K | -$164K | -$135K | -$206K | -$166K | -$203K | -$211K | -$172K | -$79K | -$44K | -$2.3M | -$1.61M | -$909K | -$242K |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $18.19M | $18.43M | $18.36M | $10.58M | $8.45M | $7.58M | $4.34M | $4.66M | $5.38M | $5.17M | $2.74M | $3.43M | $1.6M | $1.69M | $1.36M | $231K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $18.19M | $18.43M | $18.36M | $10.58M | $8.45M | $7.58M | $4.3M | $4.66M | $5.38M | $5.17M | $2.74M | $3.43M | $1.6M | $1.69M | $1.36M | $231K |
| Operating Income (EBIT) | -$18.43M | -$18.66M | -$18.52M | -$10.75M | -$8.58M | -$7.78M | -$4.47M | -$4.87M | -$5.59M | -$5.34M | -$2.82M | -$3.48M | -$3.89M | -$3.31M | -$2.27M | -$473K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $35K | $902K | $1.25M | $104K | $2K | $0 | $135K | $143K | $37K | $17K | $20K | $4K | $72K | $22K | $0 |
| Interest Income | $224K | $506K | $468K | $38K | $5K | $52K | $111K | $135K | $143K | $37K | $17K | $20K | $22K | $72K | $22K | $0 |
| Other Income (Expense) | $336K | $702K | $349K | $424K | $86.49M | -$147K | $40K | $172K | $118K | $9K | -$183K | -$97K | -$31K | $72K | $22K | $0 |
| Income Before Tax (EBT) | -$18.1M | -$17.96M | -$18.17M | -$10.32M | $77.91M | -$7.93M | -$4.43M | -$4.69M | -$5.47M | -$5.33M | -$3.01M | -$3.57M | -$3.92M | -$3.24M | -$2.25M | -$473K |
| Income Tax Expense | -$7.18M | $1.49M | $3.49M | -$866K | $6.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$9.6M | -$17.99M | -$20.46M | -$9.46M | $71.6M | -$7.93M | -$4.43M | -$4.69M | -$5.47M | -$5.33M | -$3.01M | -$3.57M | -$3.92M | -$3.24M | -$2.25M | -$473K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EPS | -0.07 | -0.13 | -0.17 | -0.09 | 0.67 | -0.08 | -0.05 | -0.05 | -0.06 | -0.08 | -0.05 | -0.07 | -0.13 | -0.11 | -0.08 | -0.02 |
| Diluted EPS | -0.07 | -0.13 | -0.17 | -0.09 | 0.66 | -0.08 | -0.05 | -0.05 | -0.06 | -0.08 | -0.05 | -0.07 | -0.13 | -0.11 | -0.08 | -0.02 |
| Weighted Average OS | 199.06M | 187.83M | 171.90M | 154.05M | 149.41M | 146.05M | 137.87M | 135.07M | 124.10M | 98.20M | 80.93M | 71.47M | 41.97M | 39.70M | 41.33M | 41.33M |
| EBITDA | -$17.85M | -$16.6M | -$17.02M | -$8.88M | -$7.99M | -$7.73M | -$4.25M | -$4.48M | -$5.24M | -$5.12M | -$2.84M | -$3.44M | -$3.89M | -$3.22M | -$2.24M | -$473K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $3.17M | $8.47M | $15.39M | $5.93M | $8.31M | $6.55M | $4.62M | $6.87M | $9.95M | $15.21M | $1.03M | $569K | $161K | $3.93M | $4.25M | $4.39M |
| Short-Term Investments | $15.61M | $0 | $0 | $17K | $36K | $71K | $36K | $11K | $14K | $11K | $4K | $11K | $14K | $0 | $0 | $0 |
| Cash and Short-Term Investments | $18.78M | $8.47M | $15.39M | $5.95M | $8.35M | $6.62M | $4.65M | $6.89M | $9.97M | $15.22M | $1.03M | $580K | $175K | $3.93M | $4.25M | $4.39M |
| Accounts Receivable | $112K | $252K | $423K | $267K | $29K | $45K | $50K | $90K | $118K | $81K | $48K | $44K | $72K | $0 | $32K | $87K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $249K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $745K | $135K | $118K | $17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $19.64M | $9.49M | $16.91M | $6.56M | $8.75M | $7.22M | $4.89M | $7.1M | $10.23M | $15.42M | $1.14M | $702K | $304K | $4.15M | $4.34M | $4.49M |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $2.1M | $42.66M | $42.8M | $41.78M | $40.11M | $41.11M | $42.39M | $43.58M | $44.63M | $24.66M | $14.09M | $16.62M | $17.08M | $8.18M | $173K | $18K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $106.39M | $33.72M | $37.5M | $56.31M | $93.45M | $765K | $990K | $989K | $1.14M | $1.16M | $963K | $1.23M | $1.18M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $41.3M | $352K | $352K | $374K | $373K | $395K | $395K | $395K | $395K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $149.79M | $76.73M | $80.66M | $98.47M | $133.93M | $42.27M | $43.78M | $44.97M | $46.17M | $25.82M | $15.06M | $17.85M | $18.26M | $8.18M | $173K | $18K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $169.43M | $86.23M | $97.57M | $105.02M | $142.68M | $49.49M | $48.67M | $52.07M | $56.4M | $41.25M | $16.19M | $18.55M | $18.57M | $12.33M | $4.51M | $4.5M |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $1.55M | $1.14M | $1.25M | $1.23M | $707K | $658K | $293K | $549K | $1.76M | $1.39M | $759K | $679K | $695K | $122K | $224K | $16K |
| Short-Term Debt | $0 | $0 | $0 | $6.29M | $8.9M | $249K | $0 | $0 | $0 | $0 | $3K | $17 | $4 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $1.6M | $5K | $111K | $0 | $0 | $43K | $40K | $50K | $81K | $36K | $50K | $50K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9 | -$5 | -$198K | -$17 | -$4 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$195K | $201K | -$121K | -$15K | $0 | $338K | $0 | $31K | $31K | $572K | $258K | $664K | $257K | $10K | $0 |
| Total Current Liabilities | $2.07M | $3.02M | $1.67M | $7.83M | $9.68M | $2.18M | $1.29M | $1.25M | $1.92M | $1.6M | $1.23M | $1.05M | $1.41M | $425K | $276K | $96K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $29K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $2.8M | $175K | $644K | $211K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $946K | $727K | $633K | $564K | $7.68M | $582K | $582K | $567K | $558K | $213K | $220K | $180K | $163K | $146K | $0 | $0 |
| Total Long-Term Liabilities | $3.88M | $1.12M | $1.51M | $890K | $7.75M | $614K | $582K | $567K | $558K | $213K | $220K | $180K | $163K | $146K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.95M | $4.13M | $3.18M | $8.72M | $17.43M | $2.79M | $1.87M | $1.82M | $2.48M | $1.81M | $1.45M | $1.23M | $1.57M | $571K | $276K | $96K |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $152.65M | $136M | $125.88M | $107.55M | $93.44M | $91.37M | $82.33M | $80.7M | $79.01M | $59.77M | $27.33M | $24.33M | $21.51M | $11K | $0 | $0 |
| Retained Earnings | -$5.48M | -$3.16M | $14.38M | $19.95M | $29.36M | -$42.72M | -$36.52M | -$32.09M | -$27.38M | -$21.88M | -$16.5M | -$13.5M | -$9.9M | -$5.98M | -$2.74M | -$499K |
| Comprehensive Income & Other | $14.32M | -$51.81M | -$48.13M | -$31.2M | $2.45M | -$2.81M | $980K | $1.63M | $2.3M | $1.54M | -$1.02M | $1.52M | $250K | $522K | $389K | $0 |
| Other Stockholders' Equity | $14.32M | -$51.74M | -$48.13M | -$31.2M | $2.45M | -$2.81M | $980K | $1.63M | $2.3M | $1.54M | $3.92M | $6.49M | $5.38M | $17.73M | $6.98M | $4.91M |
| Total Equity | $161.48M | $81.09M | $92.13M | $96.3M | $125.25M | $45.84M | $46.79M | $50.25M | $53.92M | $39.43M | $14.75M | $17.32M | $16.99M | $11.76M | $4.24M | $4.41M |
| Minority Interest | $2M | $999K | $2.26M | $0 | $0 | $859K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $167.43M | $85.23M | $95.31M | $105.02M | $142.68M | $48.63M | $48.67M | $52.07M | $56.4M | $41.25M | $16.19M | $18.55M | $18.57M | $12.33M | $4.51M | $4.5M |
| Supplementary Data | ||||||||||||||||
| Total Debt | $213K | $276K | $282K | $6.47M | $9.01M | $337K | $0 | $0 | $9 | $5 | $198K | $17 | $4 | $0 | $0 | $0 |
| Net Debt | -$2.96M | -$8.19M | -$15.11M | $535K | $704K | -$6.22M | -$4.62M | -$6.87M | -$9.95M | -$15.21M | -$832K | -$569K | -$161K | -$3.93M | -$4.25M | -$4.39M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 |
| Operating Activities | ||||||||||||||||
| Net Income | -$9.6M | -$19.49M | -$21.71M | -$9.41M | $71.42M | -$7.9M | -$4.43M | -$4.7M | -$5.51M | -$5.37M | -$3M | -$3.6M | -$3.92M | -$3.23M | -$2.24M | -$481K |
| Depreciation & Amortization | $246K | $236K | $144K | $150K | $133K | $196K | $169K | $193K | $206K | $169K | $77K | $45K | $29K | $16K | $4K | $0 |
| Deferred Income Tax | -$7.01M | $120K | $3.49M | -$870K | $6.42M | $165K | $47K | $21K | $24K | $48K | $275K | $118K | $16K | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $1.64M | $2.34M | $1.71M | $2.15M | $1.87M | $913K | $770K | $1.19M | $964K | $354K | -$2K | $46K | $453K | $351K | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | -$112K | $171K | -$157K | -$238K | -$4K | $6K | $51K | $28K | -$20K | -$34K | $13K | $49 | $87 | $39 | $0 | $0 |
| Inventory | $0 | -$9K | -$26K | $238K | $4K | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | -$111K | $26K | $520K | $862K | $508K | $0 | $0 | $0 | $525K | $312K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$763K | $1.79M | $156K | $19K | -$405K | -$256K | -$43K | -$45K | $132K | -$62K | -$204K | -$22 | $67 | $0 | $0 | $0 |
| Total Working Capital Change | -$876K | $1.84M | -$741 | $538K | $457K | $252K | $9K | -$18K | $112K | $463K | $109K | -$4K | $370K | -$206K | $182K | $67K |
| Other Non-Cash Items | $703K | -$396K | $163K | $55K | -$86.22M | $11K | -$3K | $10K | $6K | $5K | -$91K | -$24K | -$18K | -$18K | $0 | $0 |
| Net Cash from Operating | -$16.53M | -$16.06M | -$15.56M | -$7.83M | -$5.64M | -$5.41M | -$3.3M | -$3.73M | -$3.97M | -$3.72M | -$2.28M | -$3.47M | -$3.48M | -$2.99M | -$1.71M | -$415K |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | $0 | -$391K | -$1.32M | -$103K | -$40K | -$681K | -$108K | -$76K | -$1.66M | -$99K | -$107K | -$104K | -$294K | -$676K | -$44K | $0 |
| Acquisitions | $0 | -$147K | -$30K | -$56K | -$1.93M | $7K | -$108K | -$11K | -$19K | -$83K | -$129K | -$138K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$41K | -$135K | -$1.36M | -$4.42M | $0 | $0 | -$108K | -$11K | -$19K | -$83K | -$129K | $0 | $0 | $0 | -$15K | -$18K |
| Sales of Investments | $1.45M | $0 | $0 | $4K | $0 | $0 | $108K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $39K | -$71K | $21K | -$4K | $271K | -$249K | $12K | -$11 | -$19 | -$83 | -$129 | -$213K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $1.45M | -$744K | -$2.68M | -$4.58M | -$1.7M | -$923K | -$204K | -$87K | -$1.68M | -$181K | -$236K | -$455K | -$294K | -$676K | -$58K | -$18K |
| Financing Activities | ||||||||||||||||
| Debt Repaid | - | $78K | $76K | $2.73M | $81K | $44K | - | - | - | $214K | - | - | - | - | - | - |
| Common Stock Issuance | $24.56M | $9.57M | $33.04M | $12.83M | $904K | $7.87M | $1.18M | $764K | $385K | $18.27M | $3.05M | $4.35M | $0 | $3.2M | $1.62M | $4.74M |
| Common Stock Repurchases | $0 | $0 | -$2.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$85K | $28K | $16.53M | -$2.81M | -$4K | $2.56M | $0 | -$6K | $5K | $33K | -$15K | $14K | -$1K | $147K | $2K | $0 |
| Net Cash from Financing | $24.48M | $9.52M | $27.8M | $9.92M | $9.1M | $8.08M | $1.18M | $758K | $390K | $18.09M | $3.03M | $4.37M | -$1K | $3.35M | $1.62M | $4.74M |
| Forex Effect | -$8.44M | $367K | -$14 | $118K | $2K | $189K | $66K | -$21K | -$974 | -$704 | -$56K | -$38K | -$33 | $0 | $0 | $0 |
| Net Change in Cash | $955K | -$6.92M | $9.54M | -$2.38M | $1.76M | $1.94M | -$2.26M | -$3.08M | -$5.26M | $14.18M | $461K | $408K | -$3.77M | -$316K | -$142K | $4.31M |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | -$16.53M | -$16.06M | -$15.56M | -$7.83M | -$5.64M | -$5.41M | -$3.3M | -$3.73M | -$3.97M | -$3.72M | -$2.28M | -$3.47M | -$3.48M | -$2.99M | -$1.71M | -$415K |
| Capital Expenditure | $0 | -$462K | -$1.32M | -$103K | -$40K | -$681K | -$108K | -$76K | -$1.66M | -$99K | -$107K | -$104K | -$294K | -$676K | -$44K | $0 |
| Free Cash Flow | -$16.53M | -$16.52M | -$16.88M | -$7.93M | -$5.68M | -$6.09M | -$3.4M | -$3.8M | -$5.63M | -$3.82M | -$2.39M | -$3.57M | -$3.77M | -$3.67M | -$1.75M | -$415K |
| Cash at Beginning | $2.22M | $15.47M | $5.93M | $8.31M | $6.55M | $4.62M | $6.87M | $9.95M | $15.21M | $1.03M | $569K | $161K | $3.93M | $4.25M | $4.39M | $83K |
| Cash at End | $3.17M | $8.56M | $15.47M | $5.93M | $8.31M | $6.55M | $4.62M | $6.87M | $9.95M | $15.21M | $1.03M | $569K | $161K | $3.93M | $4.25M | $4.39M |