Golden Matrix Group, Inc.

Golden Matrix Group, Inc. Stock Forecast & Price Prediction

Live Golden Matrix Group, Inc. Stock (GMGI) Price
$2.32

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.32

P/E Ratio

-88.00

Volume Traded Today

$38,992

Dividend

Dividends not available for GMGI

52 Week High/low

6.27/2.01

Golden Matrix Group, Inc. Market Cap

$298.1M

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GMGI Summary

Based on ratings from 0 stock analysts, the Golden Matrix Group, Inc. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Golden Matrix Group, Inc.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

GMGI Analyst Ratings

About 0 Wall Street analysts have assignedGMGI 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Golden Matrix Group, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GMGI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

GMGI stock forecast by analyst

These are the latest 20 analyst ratings of GMGI.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Albanese
EF Hutton

Buy

$4

Reiterates

Sep 11, 2023

EF Hutton

Buy


Reiterates

Aug 14, 2023

EF Hutton

Buy


Reiterates

Jul 18, 2023
Michael Albanese
EF Hutton

Buy

$4

Reiterates

Jun 15, 2023
Michael Albanese
EF Hutton

Buy

$4

Reiterates

Mar 17, 2023
Michael Albanese
EF Hutton

Buy

$4

Maintains

Jan 19, 2023
Michael Albanese
EF Hutton

Buy

$3

Initiates

Dec 22, 2022

GMGI Company Information

  • Business Model: Provides enterprise software-as-a-service solutions for online casino and sports betting operators.
  • Intellectual Property: Develops and owns online gaming intellectual property.
  • Gaming Platforms: Builds and operates gaming platforms primarily for customers in the Asia Pacific region.
  • Product Offerings: Facilitates operations for online casinos, sportsbooks, lottery, and live games.
  • Content Access: Provides access to a portfolio of licensed gaming content from various providers.
  • Third-Party Services: Resells third-party gaming content to licensed online gaming distributors.
  • Platform Accessibility: Offers platform access via desktop and mobile applications.
  • Company History: Formerly known as Source Gold Corp., renamed in April 2016; incorporated in 2008.
  • Location: Based in Las Vegas, Nevada.
GMGI
Golden Matrix Group, Inc. (GMGI)

When did it IPO

N/A

Staff Count

30

Country

United States

Sector/Industry

Communication Services/Electronic Gaming & Multimedia

CEO

Mr. Anthony Brian Goodman

Market Cap

$298.1M

Golden Matrix Group, Inc. (GMGI) Financial Data

In 2023, GMGI generated $44.2M in revenue, which was a increase of 22.59% from the previous year. This can be seen as a signal that GMGI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$5.2M

0.00 %
From Previous Year

Revenue From 2022

$36.0M

589.92 %
From Previous Year

Revenue From 2023

$44.2M

22.59 %
From Previous Year
  • Revenue TTM $45.2M
  • Operating Margin TTM 0.3%
  • Gross profit TTM $9.9M
  • Return on assets TTM 0.1%
  • Return on equity TTM -2.1%
  • Profit Margin -1.4%
  • Book Value Per Share 0.74%
  • Market capitalisation $298.1M
  • Revenue for 2021 $5.2M
  • Revenue for 2022 $36.0M
  • Revenue for 2023 $44.2M
  • EPS this year (TTM) $-0.02

Golden Matrix Group, Inc. (GMGI) Latest News

No news data available.

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GMGI Frequently asked questions

The highest forecasted price for GMGI is $ from at EF Hutton.

The lowest forecasted price for GMGI is $ from from EF Hutton

The GMGI analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.