A share price of Golden Matrix Group Inc [GMGI] is currently trading at $1.62, up 18.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The GMGI shares have gain 4.52% over the last week, with a monthly amount drifted -22.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Golden Matrix Group Inc [NASDAQ: GMGI] stock has seen the most recent analyst activity on February 21, 2025, when Maxim Group initiated its Buy rating and assigned the stock a price target of $4.
Golden Matrix Group Inc experienced fluctuations in its stock price throughout the past year between $1.33 and $6.27. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Golden Matrix Group Inc [NASDAQ: GMGI] shares were valued at $1.62 at the most recent close of the market. An investor can expect a potential return of 85.19% based on the average GMGI price forecast.
Analyzing the GMGI fundamentals
Trailing Twelve Months sales for Golden Matrix Group Inc [NASDAQ:GMGI] were 168.99M which represents 71.92% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4333 points at the first support level, and at 1.2467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7233, and for the 2nd resistance point, it is at 1.8267.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Golden Matrix Group Inc [NASDAQ:GMGI] is 0.74. On the other hand, the Quick Ratio is 0.66, and the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.99.
Transactions by insiders
Recent insider trading involved Milovanovic Aleksandar, Member of 10% Reporting Group, that happened on May 06 ’25 when 100000.0 shares were purchased. Member of 10% Reporting Group, Milovanovic Aleksandar completed a deal on Apr 15 ’25 to buy 0.15 million shares. Meanwhile, Member of 10% Reporting Group Milovanovic Aleksandar bought 0.15 million shares on Apr 14 ’25.
