GoldMining Inc. (GLDG) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-98.8%

$0.01

vs $0.73 price

Levered DCF

$0.01

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

15.11

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-29.34×	-9.11×	-7.44×	-21.35×	2.45×	-35.49×	-25.31×	-17.18×
P/B	1.74×	2.02×	1.65×	2.1×	1.4×	6.14×	2.4×	1.6×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-15.6×	-9.37×	-8.06×	-22.8×	-22.07×	-35.6×	-25.29×	-16.45×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	9.48×	3.14×	10.12×	0.84×	0.9×	3.31×	3.79×	5.67×
Debt / equity	0×	0×	0×	0.07×	0.07×	0.01×	0×	0×
Interest coverage	0×	-534.3×	-20.53×	-8.63×	-82.66×	-3,889.79×	0×	-36.15×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-5.9%	-22.2%	-22.2%	-9.8%	57.2%	-17.3%	-9.5%	-9.3%
Return on invested capital	-6.6%	-22.4%	-19.3%	-9.5%	-5.5%	-16.3%	-9.4%	-9.6%
Return on assets	-5.7%	-20.9%	-21.0%	-9.0%	50.2%	-16.0%	-9.1%	-9.0%
Free cash flow yield	-5.9%	-10.1%	-11.1%	-3.9%	-3.2%	-2.2%	-3.0%	-4.7%
Earnings yield	-3.4%	-11.0%	-13.4%	-4.7%	40.8%	-2.8%	-3.9%	-5.8%
Enterprise value	$390.7M	$218.3M	$192.3M	$284M	$247.2M	$386M	$150.9M	$103.4M
Net debt / EBITDA	0.17×	0.49×	0.89×	-0.06×	-0.09×	0.8×	1.09×	1.53×
Cash conversion cycle (days)	-2,293	-1,770	-2,712	-2,729	-1,911	-723	-642	-990