GoldMining, Inc. is a company we've profiled before and, like so many other exploration companies, it has had a challenging year thus far. However, the fundamental valuation of this company presents an opportunity unlike its peers so the CEO, Alastair Still, stopped by last week to remind us of what makes GoldMining, Inc. such a unique opportunity.
So we go a little old school on this one...back to the day when fundamental metrics like a strong balance sheet and book value per share actually mattered when choosing an investment. To that end and in the case of GoldMining, Inc., you'll find that the sum of the parts vastly exceeds the total market price of the whole.
Alastair breaks it down over the course of this call as he mentions:
- the company's resources, including their 23MM ounces of gold equivalent ounces
- the current value of their stake in U.S. Gold Mining
- the company's holdings in Gold Royalty Corp
- the strength of the company balance sheet
So now it's time for you to do your own homework. You can start by visiting the company website. Once there, you might check some of these links:
- https://www.goldmining.com/projects/projects-overview/
- https://www.goldmining.com/investors/presentations/
- https://www.goldmining.com/investors/financials/
You can even more information by researching the company via its ticker symbol of "GOLD" in Canada and "GLDG" in the U.S.
And you must always perform all of your own due diligence before considering any investment. This includes a thorough consideration of your personal risk tolerance and time horizons. However, companies that combine the characteristics of both value and growth are hard to find As such, GoldMining, Inc. sure seems like a very interesting opportunity.
Thanks for listening,
TF
