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Golden Matrix Group Inc

Golden Matrix Group Inc (GMGI)

4.20
0.10
(2.44%)
Closed May 03 4:00PM
4.2549
0.0549
(1.31%)
After Hours: 5:20PM

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Key stats and details

Current Price
4.2549
Bid
4.04
Ask
4.24
Volume
114,892
3.97 Day's Range 4.34
1.95 52 Week Range 4.34
Market Cap
Previous Close
4.10
Open
4.07
Last Trade
10
@
4.24
Last Trade Time
Financial Volume
$ 476,900
VWAP
4.1509
Average Volume (3m)
66,845
Shares Outstanding
36,615,932
Dividend Yield
-
PE Ratio
-130.94
Earnings Per Share (EPS)
-0.03
Revenue
44.17M
Net Profit
-1.17M

About Golden Matrix Group Inc

Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The gaming IP includes tools for marketing, acquis... Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications. Its sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with US law. Show more

Sector
Prepackaged Software
Industry
Prepackaged Software
Headquarters
Carson City, Nevada, USA
Founded
1970
Golden Matrix Group Inc is listed in the Prepackaged Software sector of the NASDAQ with ticker GMGI. The last closing price for Golden Matrix was $4.10. Over the last year, Golden Matrix shares have traded in a share price range of $ 1.95 to $ 4.34.

Golden Matrix currently has 36,615,932 shares outstanding. The market capitalization of Golden Matrix is $153.42 million. Golden Matrix has a price to earnings ratio (PE ratio) of -130.94.

GMGI Latest News

Golden Matrix Announces Completion of Acquisition of the MeridianBet Group

Acquisition Expands Golden Matrix’s Global Footprint and Significantly Increases Revenues LAS VEGAS, NV, April 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc...

Golden Matrix Stockholders Approve Acquisition of MeridianBet Group

LAS VEGAS, NV, March 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI”, “Golden Matrix” or the “Company”), a developer, licensor and global operator...

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 Million

LAS VEGAS, NV, March 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), developer, licensor and global operator of online gaming and eCommerce platforms...

JRC Stock Talk Hosting Live Q&A on X (Formerly Twitter) Spaces With CEO of Golden Matrix Group, Inc., Today, February 20, 2024 at 4:30 PM EST

LAS VEGAS, NV, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and...

Golden Matrix Files Definitive Proxy Statement

Will Hold Special Meeting of Shareholders on March 19, 2024 to Vote on Approval of Acquisition of the MeridianBet Group LAS VEGAS, NV, Feb. 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.10492.527710843374.154.343.53912153.87110219CS
41.474953.05395683452.784.342.221212913.4237541CS
121.044932.55140186923.214.342.22668453.25047006CS
261.914981.83333333332.344.342.05540292.94995576CS
522.064994.28767123292.194.341.95462512.79685555CS
156-6.3351-59.82152974510.5910.721.89419493.46171412CS
260-6.3351-59.82152974510.5910.721.89419493.46171412CS

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GMGI Discussion

View Posts
PokerStar PokerStar 4 hours ago
Well I hope you get them off their asses and out of the MMs pockets. I believe we are getting ready for liftoff. There was almost 8K on the ask @$4.20 holding the price back in the last half our of the day. It was taken out at the close with another few thousand more after hours @$4.25. Next week could be interesting. Two days in a row over 100K in volume and other than a few hundred shares, they were all traded above $4.00. Very good sign in my opinion for more upwards pressure on the price. Best of luck Gary and thanks for sending that letter on behalf of the shareholders here. Have a great weekend!


PokerStar
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Gary 608 Gary 608 5 hours ago
I did mention to the SEC if they don't look into it, I will go higher.
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PokerStar PokerStar 6 hours ago
It is a Friday....so maybe I'm being a little too hopeful. I guess we'll find out in the coming couple of hours.



PokerStar
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PokerStar PokerStar 7 hours ago
I'm putting my money on an end of day run taking us back to the high of day or close. This will set us up for a solid Monday and week. Go GMGI.



PokerStar
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PokerStar PokerStar 7 hours ago
In my honest opinion, probably not very far. The SEC is as corrupt as any other government agency. These dirty market makers surely have the SEC in their back pockets and give them kickbacks to turn a blind eye on their corruption. On the bright side... 60K traded so far on a Friday and all over $4.00... which I take as a good sign. Letting the Friday flippers grab their weekend pocket money and letting other non believers off the bus. These are obstacles being taken care of then this thing can run to higher highs and higher lows in the coming weeks and months. All in my opinion but more confident then ever for a huge upcoming run. Just need a few consecutive days of huge volume.


PokerStar
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Gary 608 Gary 608 1 day ago
Yep. I emailed the SEC this morning asking them when are they going to do something about the marketmakers abusing their powers and shorting the stocks for their own pockets...Let's see how far that goes.
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PokerStar PokerStar 1 day ago
Yep...looking good today with better volume. If we can close around $4.20, we could see a massive volume day tomorrow and new 52 week highs ahead. Thinking we could see a touch of $5 before profit takers take the price to the $4.50 area. All in my opinion but it's obvious the dirty MMs covered their shorts from the run up last week and are letting this run up organically so far.



PokerStar
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Eddo1976 Eddo1976 1 day ago
New 52 week high alert.
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Gary 608 Gary 608 3 days ago
This stock caught a disease from the greedy turds
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PokerStar PokerStar 3 days ago
If $3.50 doesn't hold, I know damn well they'll drop it to $3.00 looking for support. This ticker is sad!


PokerStar
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PokerStar PokerStar 3 days ago
All the shares these dirty pr*cks sold short between $3.90 and $4.16 they're covering in ridiculous range. Bring the cavalry with you to buy at $3.50....these dirty MMs are relentless with this stock!



PokerStar
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Eddo1976 Eddo1976 3 days ago
This thing doubled in 9 days. Nothing goes straight up. I’m tempted to buy more around $3.50 or wherever when it levels out.
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PokerStar PokerStar 3 days ago
Down to $3.60 now...these dirty pr*cks just don't let up. F*ck I hate them. Should have known better....Should have dumped everything at $4 bucks. My gut told me otherwise. Never trust your gut when it comes to this stock!


PokerStar
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PokerStar PokerStar 3 days ago
No doubt in my mind!


PokerStar
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Gary 608 Gary 608 3 days ago
Shorters and MM's are the ones who are holding this down.
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PokerStar PokerStar 3 days ago
Well so much for another huge volume Tuesday. 20K in volume so far and down to $3.69. What a joke! Can someone smart please explain to me how we can't get over $4 bucks while a stock like DJT, with a comparable share structure, which had revenues of $4 million and losses of $58 million can be valued at over $50 bucks today? Something seriously wrong with this stock market. What is holding this back other than dirty MMs and shorters? SMFH!



PokerStar
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PokerStar PokerStar 4 days ago
Well 58K in volume, all in a very tight range other than the little dip to $3.73. I consider this another solid consolidation day. If profit takers wanted out, there was decent volume to do so. I'm curious whether this is set up nicely for us to break out into the $4s tomorrow? If history of the last two weeks repeats itself with another 200-300K day, we could finally see us closing above $4.00. That would be a welcomed sight. Cheers to my friends on this board. I truly believe we are embarking on a run up...I really believe that for the first time in a few years. Again...hoping we have another serious volume Tuesday!


PokerStar
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PokerStar PokerStar 1 week ago
Wish I knew. I really felt like after yesterday this would take off higher today. By the way this is trading today, it sure looks like a lot of that volume we saw around the $4 dollar range were sold short. I think a lot of the shorting is going on by dirty MMs that also tried shorting this in the $3.50 range. I think they are manipulating this lower again to cover their shorts. All in my opinion but from watching the tape, it sure looks like it to me. Relentless selling in the $4 range yesterday afternoon and all morning today, then as buying slowed, they dumped a few thousand shares into the weak bid to drop the price to $3.86. Still think we will continue to see this run higher in time. Hopeful since breaking above the 52 week high. Since then, we are seeing higher lows and higher highs and maintaining above the old 52 week high of $3.75, which I think is a positive, and all that on heavy volume. So yeah, I think we are just a small end of day buying spree to see more new highs today or next week.



PokerStar
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Gary 608 Gary 608 1 week ago
When are we going to wipe these mother fu***s out?
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PokerStar PokerStar 1 week ago
I'm with you brother....higher highs and higher lows is the secret for sure. I'm just feeling a surge coming. Haven't seen this kind of volume and interest here for a couple of years. We all had a pretty good feeling that once the merger with Meridian Bet was closed, we'd start to see more interest here. It was somewhat delayed and because there wasn't a huge amount of initial buying and the price was weakening, I wasn't very surprised that shorters manipulated the price to the $2.20 area. Things have really been strong though since that day and I'm seeing more strength in the coming weeks. IMO.


PokerStar
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Eddo1976 Eddo1976 1 week ago
I’ll take this higher lows and higher highs compared to what we’ve experienced the last couple of years. I like seeing my GMGI balance going up again after averaging up at $2.25, and $2.61. Kicking myself for not grabbing 1500 more in my IRA at $2.70 a week or so ago.
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PokerStar PokerStar 1 week ago
Another solid day with 190K volume and a nice little uptick following some more serious consolidation in the $3.85-$3.95 range. New 52 week high of $4.19 where we should have closed had there not been some light volume manipulation that dropped the price from $4.10 down to $3.85 in a matter of minutes around 3:20. We recovered from there pretty quickly with good support at and above $4.00. With tomorrow being Friday, I have no idea how the trading day will play out. I've seen a lot of the flippers take their 20 cent gains and run, and I've seen solid green Fridays as well, but much fewer than the weekend dump and run beer money selloff. Still feel more optimistic about us getting greener tomorrow and I'm going out on a limb right now...I'm predicting solid green and would not be one bit surprised to see us reach $4.60-$5.00 tomorrow with some more serious buying. We've had 2 big volume green Tuesdays in a row now and I'm betting we see a lot of folks jumping on board or buying more before next Tuesday rolls around. All in my opinion, but feeling positive!


PokerStar
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PokerStar PokerStar 1 week ago
A whipping 4K shares dumped into the bid dropped this all the way down to $3.62??? Give me a break. More MM manipulation to cover their short position. They're really trying to kill the momo here! Unbelievable!


PokerStar
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PokerStar PokerStar 1 week ago
220K volume today. 41K more buys than sells, yet we're down to $3.80. Might I dare to say a good day of consolidation and short covering by these dirty MMs and group of sellers. Still closed above the 52 week high of $3.75. Good sign in my opinion. I have a feeling new high incoming tomorrow. Solid trading day today and I'm confident we continue to finish the week off strong. All in my opinion of course!


PokerStar
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PokerStar PokerStar 1 week ago
Well...this is all in my opinion only, but with 136K in volume today and trading in the $3.82-$4.06 range, I believe this is a good consolidation day. I saw that 60K were shorted yesterday so, again in my opinion, this day has given the shorters a chance to cover a real bad bet with us closing above our 52 week high, and given those short sighted profit takers off the bus and reloaded with new money. I think this run is just beginning and I can see us having elevated volume continuing. We shall see but I'm feeling more bullish than I have in a few years.



PokerStar
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PokerStar PokerStar 1 week ago
I hope not neither. Usually a break signals huge upcoming buying in here. Can't see shorters allowing this to break 52 week high. Hopefully a huge run coming our way. Trading these last 2 weeks seem somewhat different than the past 2 years, in my opinion. I guess we'll see tomorrow if I'm right about being bullish here for the first time in about 3 years. We are more than overdue for a nice run here.


PokerStar
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PokerStar PokerStar 1 week ago
Yes...great job today! Good solid volume and 52 week high broken! Normally a close above a 52 week high sends out alerts to all those chartists out there and usually triggers follow through buying and the beginning of s huge run. We've been waiting a long time for this. Hopefully the dirtbag shorters and dirty MMs allow this to run the next few days. We could very well see a tun to $5 bucks or more. Very happy to see the merger starting to show some real traction on exposure and volume here. Happy trading my friend!


PokerStar
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Randyfloyd420 Randyfloyd420 1 week ago
Probably. But let’s hope not. If it does drop back to 3 or high 2s I’m gunna get some more. My avg is 2.76.
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Gary 608 Gary 608 1 week ago
Hopefully this isn't a shorter's build-up to sell in the next few days.
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Randyfloyd420 Randyfloyd420 1 week ago
No comments on a day like today???? This is like a 2 year high today.
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Randyfloyd420 Randyfloyd420 1 week ago
Let’s f-ing go!
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Gary 608 Gary 608 2 weeks ago
Or we will chop their dicks off.
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PokerStar PokerStar 2 weeks ago
Decent day today with 66K volume...up .24 cents. It looks like the rest of the 10K block @$3.40 that was holding the price in check was bought up end of day. Love to finally see us challenge the $3.75, 52 week high at some point this week. I don't think we see as much resistance @$3.50 like we saw last week. Maybe we can keep the momo going here for a few more days. That 297K volume day we saw last week would be nice to see again to push us to new 52 week highs. Fingers crossed these flippers let it run this time. I doubt they will but we can always hope!


PokerStar
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PokerStar PokerStar 2 weeks ago
Same old, same old here again. The usual Friday selloff after these shorting douchebags dropped the price to $2.20 then after a nice rebound to $3.50 for the first time in months, they dumped into the bid all day. 68K in volume today after a 297K green day yesterday. I understand taking some profits but we are still nowhere near the true valuation of this stock. With some follow through buying today, we could have broke into low $4s. Maybe we saw some new employees buying some shares yesterday. Not sure why the sexy volume but I'm still hoping for more institutional investing here and hopefully an employee share buying program. Both of those would help bring in new blood and new money.



PokerStar
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PokerStar PokerStar 2 weeks ago
And here comes the flippers dumping into the bid for their weekend cash grab. I fully expected a few profit takers but I expected some follow through buying to help negate these douchebags. So far it's on light enough volume. Still time for buyers to step in a buy this back up to the $3.50 area. If we could close about flat for a Friday, it could set us up for another leg up next week. Fingers crossed.



PokerStar
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Gary 608 Gary 608 2 weeks ago
Low Life peanut grabbers.
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PokerStar PokerStar 2 weeks ago
Yep...some here can't stand prosperity!


PokerStar
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Gary 608 Gary 608 2 weeks ago
Selling spree has started this afternoon. F'in retards.
Had a good buying spree in the morning
It was up to 3.39.
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PokerStar PokerStar 2 weeks ago
As I expected...they tried to put up a big block of 25K to entice selling or to slow down the upwards pressure at $2.97-$3.00, then at the close we saw a 5K block bought at $3.05 go through as an after hours trade. Good vibes going into tomorrow with another solid 73K volume today with about 75% bought on the ask. Maybe the run we expected is just beginning...we surely can at least hope!


PokerStar
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PokerStar PokerStar 2 weeks ago
Normally when a big block like the 25K we see on the ask, it would cause a few to sell into the bid. Now we're seeing people slowly buy it up. Wouldn't be surprised to see a big after hours block sale show up after close today. IMO.



PokerStar
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PokerStar PokerStar 2 weeks ago
Maybe...just maybe the run we all expected when the merger finally closed is about to happen. Someone put up a 25K block up @ $3.00. It appears to me there is possibly still some loading the boat ongoing. We'll see I guess, but I'm liking the response to them knocking the price down to the $2.20 area a few days ago. Still need some big volume on the ask to get this really moving north.



PokerStar
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Gary 608 Gary 608 2 weeks ago
Something is going on with all those buying shares
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PokerStar PokerStar 2 weeks ago
So.... everyone still believe that the merger news release that brought the price down to $2.20 was due to people selling off here because the news didn't bring a pop in price? This is what happens when shorts and a group manipulate the price to buy back cheaper. The value in the stock went up significantly after the merger, yet a concerted effort caused a 25% haircut to the share price. Nope...no manipulation going on here...lol

PokerStar
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Randyfloyd420 Randyfloyd420 3 weeks ago
Something needs to happen. This is pathetic
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Gary 608 Gary 608 3 weeks ago
Either big investors have to start buying or Brian has to buy a bunch of shares to get rid of these turd shorters.
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PokerStar PokerStar 3 weeks ago
It's more than possible. Something here makes zero sense. It's like owning Trump's stock and watching it lose $3-$4 bucks daily. Where she stops....nobody knows!


PokerStar
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ThreeFromTheTee ThreeFromTheTee 3 weeks ago
I honestly never thought I could possibly have the opportunity to add at sub $2 like last June! It is heading in that direction!
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ThreeFromTheTee ThreeFromTheTee 3 weeks ago
Like catching a falling knife!
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Randyfloyd420 Randyfloyd420 3 weeks ago
F-ing joke
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Gary 608 Gary 608 3 weeks ago
There are even classes that teach you how to short these stocks.
I think that's why there are so many people who turned to shorting for a day's profit.
It's not investing anymore . it's day trading.
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