Earnings ·
Reports $30.7M net loss for nine months ended August 31, 2026
GLDGGoldMining Inc.
GoldMining Inc. reported a consolidated net loss of $30.7 million, or $0.13 per share, for the nine months ended August 31, 2026, compared to a net loss of $4.4 million in the prior-year period. The widening loss was primarily driven by a surge in exploration expenses to $16.1 million from $5.3 million, largely due to increased drilling and field activities at the Whistler Project via subsidiary U.S. GoldMining and the São Jorge Project in Brazil. Operating losses reached $30.0 million as share-based compensation also rose to $4.0 million. The company maintains a cash position of $16.7 million and holds significant long-term investments valued at $99.3 million. GoldMining Inc. is a mineral exploration company focused on acquiring and developing gold assets in the Americas.