GoldMining Inc. stock has more than doubled in 2025, vastly outperforming the S&P 500 and gold ETFs thanks to its high leverage to the price of gold. GLDG is a speculative, high-risk, high-reward exploration company with no revenues yet, but a promising multi-country project pipeline and a net cash position. Persistent global inflation, high government deficits, and likely lower interest rates support a bullish outlook for gold, benefiting GLDG's long-term prospects.