GoldMining (TSX:GOLD) Moat Score: 3/10 (As of Jul. 02, 2026)


TSX:GOLD GoldMining Inc TSX:GOLD
36 GF Score
Price C$1.37
! 1 Warning Sign
View Full Analysis

What is GoldMining Moat Score?

GoldMining TSX:GOLD -1.54% 36 Moat Score is 3 as of Jul. 02, 2026. GuruFocus rates TSX:GOLD with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,612 Metals & Mining companies, GoldMining ranks better than 94.03% on this metric.

GoldMining has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

GoldMining has No Moat: GoldMining Inc has limited competitive advantages in the mining sector, with no significant cost advantages or intellectual property. The company faces high competition and lacks strong brand strength or regulatory barriers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes GoldMining might have No Moat - Very weak/transient advantages.

GoldMining  (TSX:GOLD) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

GoldMining Moat Score Related Terms

TSX:GOLD vs NEM, AU: Moat Score Comparison

For the Gold subindustry, GoldMining's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GoldMining Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GoldMining's Moat Score distribution charts can be found below:

* The bar in red indicates where GoldMining's Moat Score falls into.


TSX:GOLD
36GF Score
GoldMining Inc TSX:GOLD
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
GoldMining (TSX:GOLD) has a Moat Score of 3 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, GoldMining ranks #156 out of 2612 companies in the Metals & Mining industry, placing it in the top 6%.
Is GoldMining's Moat Score too high?
GoldMining's current Moat Score is 3. The Metals & Mining industry median Moat Score is 1.00. GoldMining's value of 3 is 200% above this industry median. Based on the distribution chart, GoldMining ranks #156 out of 2612 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, GoldMining has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does GoldMining's Moat Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, GoldMining ranks #156 out of 2612 companies for Moat Score. This places GoldMining in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. GoldMining's value of 3 is 200% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,612 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GoldMining's current Moat Score of 3 is 200% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoldMining's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoldMining stock overvalued right now?
GoldMining (TSX:GOLD) has a current Moat Score of 3. The current Moat Score is 3 and 200% above the Metals & Mining industry median of 1.00. GoldMining's overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For GoldMining (TSX:GOLD), the current Moat Score is 3 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GoldMining Business Description

Other Exchanges GLDG:USA0UYN:UKBSR:Germany
Address 1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. Its principal projects are the La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia; the Sao Jorge Gold Project, located in Brazil; and its interest in the Whistler Gold-Copper Project, located in Alaska, United States. Additionally, the company has several other projects in its portfolio, such as the Yellowknife Gold Project, Cachoeira Gold Project, Surubim Gold Project, Yarumalito Gold Project, Rea Uranium Project, etc. The firm has two operating segments, with U.S. GoldMining as one distinct operating segment and all other subsidiaries, or Others, being the second operating segment.
36GF Score

Get the complete analysis for TSX:GOLD

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.37
Price