Golden Matrix Group Inc (NASDAQ: GMGI)’s stock price has dropped by -2.82% in relation to previous closing price of $1.77. Nevertheless, the company has seen a gain of 0.58% in its stock price over the last five trading days. globenewswire.com reported 2025-07-01 that VALLETTA, Malta, July 01, 2025 (GLOBE NEWSWIRE) — Expanse Studios, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia’s Ministry of Finance for its flagship game Super Heli, with additional titles in the company’s 56-game portfolio expected to receive approval in the coming weeks for the EU member state. The certification marks a strategic entry into a market that generated US$484.70m in 2024, with projected growth at a CAGR of 8.4% during 2024-2030.
Is It Worth Investing in Golden Matrix Group Inc (NASDAQ: GMGI) Right Now?
Moreover, the 36-month beta value for GMGI is 1.32. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy”, 1 as “overweight”, 0 as “hold”, and 0 as “sell”.
The public float for GMGI is 11.80M and currently, short sellers hold a 11.09% of that float. On July 04, 2025, GMGI’s average trading volume was 182.54K shares.
GMGI’s Market Performance
The stock of Golden Matrix Group Inc (GMGI) has seen a 0.58% increase in the past week, with a -8.75% drop in the past month, and a -16.91% fall in the past quarter. The volatility ratio for the week is 6.61%, and the volatility levels for the past 30 days are at 5.84% for GMGI. The simple moving average for the last 20 days is -0.89% for GMGI’s stock, with a simple moving average of -16.86% for the last 200 days.
Analysts’ Opinion of GMGI
Many brokerage firms have already submitted their reports for GMGI stocks, with Maxim Group repeating the rating for GMGI by listing it as a “Buy”. The predicted price for GMGI in the upcoming period, according to Maxim Group is $4 based on the research report published on February 21, 2025 of the current year 2025.
GMGI Trading at -2.03% from the 50-Day Moving Average
After a stumble in the market that brought GMGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.52% of loss for the given period.
Volatility was left at 5.84%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares sank -7.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.87% lower at present.
During the last 5 trading sessions, GMGI rose by +0.58%, which changed the moving average for the period of 200-days by -30.08% in comparison to the 20-day moving average, which settled at $1.7355. In addition, Golden Matrix Group Inc saw -35.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GMGI starting from Goodman Anthony Brian, who sold 50,000 shares at the price of $1.75 back on Jun 30 ’25. After this action, Goodman Anthony Brian now owns 8,854,079 shares of Golden Matrix Group Inc, valued at $87,500 using the latest closing price.
Goodman Anthony Brian, the Officer of Golden Matrix Group Inc, proposed sale 50,000 shares at $1.75 during a trade that took place back on Jun 30 ’25, which means that Goodman Anthony Brian is holding N/A shares at $87,250 based on the most recent closing price.
Stock Fundamentals for GMGI
Current profitability levels for the company are sitting at:
- 0.01% for the present operating margin
- 0.54% for the gross margin
The net margin for Golden Matrix Group Inc stands at -0.01%. The total capital return value is set at 0.01%. Equity return is now at value -2.17%, with -1.19% for asset returns.
Based on Golden Matrix Group Inc (GMGI), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 1.62.
Currently, EBITDA for the company is 4270.0 with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 13.15for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To wrap up, the performance of Golden Matrix Group Inc (GMGI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
