GoldMining Inc's latest earnings report reveals a significant miss in EPS, raising concerns among investors.
In its recent earnings report for the fiscal period ending May 31, 2026, GoldMining Inc (GOLD.TO) posted an EPS of -0.0395, falling short of the estimated -0.03 by 31.67%. This marks a continuation of mixed earnings performance, with only one beat in the last four quarters.
Recent earnings trend
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GoldMining Inc
GOLD.TO
GOLD.TO
GoldMining Inc
WealthAwesomeMarket cap
$262.05M
52W high
$3.10
52W low
$1.05
1W change
+0.86%
Beta
1.79
Analyst Price Targets
Based on analyst covering GOLD
Wall Street analysts forecast GOLD stock price to rise 233.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.90
+233.3% Upside
Current Price
C$1.17
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GOLD's historical volatility
30-Day Vol
54.0%
Annualized
90-Day Vol
60.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.98
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.10 | C$0.91 – C$1.33 |
| 60 trading days | C$1.04 | C$0.80 – C$1.35 |
| 90 trading days | C$0.98 | C$0.71 – C$1.35 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-05-31 | 2026-07-24 | -0.0395 | -0.0300 | -31.7% |
| 2026-02-28 | 2026-04-10 | -0.0300 | -0.0300 | +0.0% |
| 2025-11-30 | 2026-02-27 | -0.0400 | -0.0300 | -33.3% |
| 2025-08-31 | 2025-10-10 | 0.0019 | -0.0300 | +106.3% |
| 2025-05-31 | 2025-07-14 | -0.0100 | -0.0300 | +66.7% |
| 2025-02-28 | 2025-04-11 | -0.0200 | -0.0300 | +33.3% |
Investor takeaway: With a significant earnings miss and a volatile stock performance, investors should reassess their positions in GoldMining Inc, especially in light of its low profit margins and uncertain revenue outlook.
EPS Misses by 31.67%, Continuing Earnings Struggles
GoldMining's EPS has been on a downward trend, with the latest figure of -0.0395 showing a stark contrast to last year's EPS of -0.01, highlighting ongoing concerns about profitability.
Bull case
GoldMining has an exciting project in São Jorge. A recently filed PEA shows a strong after-tax NPV of $532 million and a 42% IRR. If this project is developed successfully, it could drive future growth for the company.
Bear case
However, the ongoing earnings misses and lack of revenue growth, along with a current EPS of -0.12 and a market cap of just over $262 million, raise concerns about the company's operational efficiency and long-term viability.
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