Your New Premium Alert is GoldMining Inc. (NYSE: GLDG)
Wall Street Analysts H.C. Wainwright Boosts its Target Price to $5.25
Representing a Staggering 575+% Upside Potential From Current Price
>>> Legendary Goldman Sachs Purchased This Stock <<<
This is Kevin Vander with "10XProTrader" delivering you your next premium alert for Thursday 8/10- trading session is GoldMining Inc. (NYSE: GLDG).
Lets keep the win∙ners coming this week with another stock profile that analyst predict has an astounding triple-digit upside potential!
You will absolutely NOT find a better gold stock than this...
The stock is currently trading just under $1.00 and analysts predict (GLDG) has an enormous 575% upside potential from here!
GoldMining Inc. (NYSE: GLDG) has a unique combination of sizable resources and balance sheet strength. They have an incredible $258Mln. in ca∙sh and equity holdings.
Major Institutional support from Giants like the $10 Trill∙ion Giant BlackRock and Goldman Sachs.
BlackRock has $10Trl in assets under management, this behemoth has become one of history's largest and most influential companies.
Over the past 6 months, the price of gold has risen approx. 20%, to more that $2,000 per ounce.
Gold is generally seen as a stable investment choice for your portfolio, a hedge against inflation and a way to diversify your investment assets. And amid this year's uncertainty in the banking sector and ongoing talk of recession, many Americans may be looking for some added stability. With gold prices on the rise, it could be worth considering.
While it's near-impossible to predict what any market will do in the future, some experts say the recent increase in gold prices could be a good indicator for the months to come.
Billionaire hedge-fund founder Ray Dalio told readers not long ago he sees a paradigm shift happening in the gold market.
He compared today's price movements with historical turning points like:
Gold's historic 2,300% leap in the 1970s from $35 to $850 per ounce after President Nixon took the U.S. off the gold standard…
Investment Research Analyst at HC Wainwright issued coverage on GoldMining (NYSE: GLDG) issuing a $5.25/share price target!
GoldMining Inc,(NYSE: GLDG) is a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company's principal projects include La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project located in Alaska, the United States; and São Jorge Gold Project located in the State of Pará, Brazil.
Back in April, GoldMining Inc. (TSX: GOLD) (NYSE AMERICAN: GLDG) ("GoldMining") and its subsidiary, U.S. GoldMining Inc. ("USGO") announced the closing of U.S. GoldMining's initial public offering (the "IPO") of 2,000,000 units of U.S. GoldMining (the "Units") at an initial public offering price of US$10.00 per Unit.
Each Unit is comprised of one share of common stock of U.S. GoldMining (a "Share") and one warrant to purchase one Share (a "Warrant"). Each Warrant entitles the holder thereof to acquire one Share at an exercise price of US$13.00 per Share for a period of three years after issuance.
The Shares and Warrants of U.S. GoldMining began trading on the Nasdaq Capital Market on April 20, 2023, under the tickers "USGO" and "USGOW", respectively.
The gross proceeds from the offering were US$20.0Mln before deducting underwriting discounts and commissions and other offering expenses. U.S. GoldMining plans to use the net proceeds from the offering to fund exploration and development activities at its Whistler gold-copper project, located in Alaska, U.S.A., repay funds advanced by GoldMining, and for working capital.
With gold prices heating up, GoldMining Inc. continues to be one of the more attractive companies in the junior gold space.
GLDG Has "8" Key Potential Breakout Catalysts
That Provide A Very Bullish Outlook!
HC Wainwright issued Analyst coverage on GoldMining Inc. (NYSE: GLDG) issuing a $5.25/share Price Target (approx. 575% in Upside Potential)
$258Mln. in ca∙sh and equity holdings including (GROY, USGO, NAU)
One of the largest portfolios of gold and gold-copper resources of any junior explorer/developer. They hold 13 different properties.
Major Institutional support from Giants like Goldman Sachs and the $10 Trill∙ion Giant BlackRock.
Strengthened Technical Team and Board with decades of experience to help advance portfolio
La Mina resource growth with La Garrucha discovery(1) 3 , M&I and Inferred resources increased by 16% and 215% respectively
Potential realization of US$16.5Mln in value through option agreement with NevGold for the Almaden Project, Idaho
Creation of U.S. GoldMining to advance and unlock value of the multi-mil∙lion-ounce Whistler project in Alaska
Nearly ALL the news in the financial world points to soaring gold prices...
But amid all the reports about the inflation, the Fed's next move, and global tension… most folks completely missed this bit of news…
The world's biggest investors – richer and more powerful than all the world's billio∙naires combined – are stacking gold in their vaults by the pallet.
According to the World Gold Council, the world's central banks bought 463 TONS of gold in the first three quarters of 2022 – which is the highest level in 55 years.
And what's interesting is that, according to the official report: "For the first time in almost a decade we saw significant buying from developed market central banks."
For some countries, this is their first increase in more than 20 years!
And the World Gold Council cites actions by the world's central banks as a reason why gold is rising toward $2,000.
Which is why it's becoming undeniable…
I am urging all of my members to add GLDG to the top of their watch list right now, and be ready this morning at the opening bell!
10X Your Wealth,
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