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Golden Matrix Group Inc

Golden Matrix Group Inc (GMGI)

2.12
-0.11
( -4.93% )
Updated: 12:02:20

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Key stats and details

Current Price
2.12
Bid
2.11
Ask
2.13
Volume
52,034
2.09 Day's Range 2.255
2.00 52 Week Range 6.27
Market Cap
Previous Close
2.23
Open
2.25
Last Trade
5
@
2.12
Last Trade Time
12:05:52
Financial Volume
$ 112,828
VWAP
2.1683
Average Volume (3m)
225,725
Shares Outstanding
118,884,144
Dividend Yield
-
PE Ratio
-211.11
Earnings Per Share (EPS)
-0.01
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 $2.23. Over the last year, Golden Matrix shares have traded in a share price range of $ 2.00 to $ 6.27.

Golden Matrix currently has 118,884,144 shares outstanding. The market capitalization of Golden Matrix is $265.11 million. Golden Matrix has a price to earnings ratio (PE ratio) of -211.11.

GMGI Latest News

Meridianbet (GMGI) Goes for Gold With Over 1 Million Betting Options for 2024 Paris Olympics

Meridianbet, a Golden Matrix Group company, offers an unprecedented 383 betting options per event across all 45 Olympic sports.Total of 2,600 different prices available for each match or...

Golden Matrix Group Launches AI-Powered Online Casino Game Recommender To Enhance User Gaming Experience

LAS VEGAS, NV, July 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group (NASDAQ: GMGI) (β€œGolden Matrix” or the β€œCompany”), a leading international developer and licensor of...

Golden Matrix Group, Inc. Announces Authorization of Stock Repurchase Program

LAS VEGAS, NV, July 17, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI) (β€œGolden Matrix”, β€œGMGI” or the β€œCompany”), an international developer, licensor and...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.23-9.787234042552.352.682.091100742.3683694CS
4-0.28-11.66666666672.43.12.091172942.43957741CS
12-2.88-57.656.272.092257253.53556168CS
26-0.81-27.64505119452.936.272.091435783.52266525CS
520.073.414634146342.056.272935613.3080719CS
156-8.47-79.981114258710.5910.721.89606793.5182532CS
260-8.47-79.981114258710.5910.721.89606793.5182532CS

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GMGI Discussion

View Posts
PokerStar PokerStar 10 minutes ago
Just watched 25K get dumped into the bid to drop the price to $2.09! Who else other than shorters dump blocks that size into the bid when we are already near 52 week lows, with a record quarterly about to drop within 2 weeks? This concerted shorting is out of hand now with over 1 million shares shorted. We need shareholders and a few large entities to attack the ask with massive volume over the course of a few weeks to force these dirty pr*cks to cover. SMFH!


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 17 minutes ago
What's the matter? Did you buy @$2.50 and mad because you're underwater like the rest of us longs, and couldn't flip 2 days later for weekend beer money and smokes? You never post anything here that's positive... always lies for the purpose of personal gain. You want to whine about dilution and reverse splits... go to the ELRA board and keep your lies and garbage over there!


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 47 minutes ago
What did I tell you before about coming on here and posting lies and innuendos. I get the fact that you're a flipper, looking to enter as low as possible, then flipping for .25-.50 cents like the rest of the flippers here. First of all, there's only 121 million shares outstanding here with only 40 million in the float. Much lower than most stocks and over 80 million restricted shares. They have over $16 million in cash on hand... no reason for dilution. As I learned yesterday, there are now over 1 million shorted shares here, thus the reason for the huge drop in price. This is
not ELRA, Goodman's first foray into the scam world of pink slips. This is a legit growing, profitable company! Enough with your lies for your own benefit!


PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 2 hours ago
Why would he?? He owns alot of shares of this. What benefit does it give him?
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Tadek Tadek 2 hours ago
Dilution, Dilution, and R/S, typical games of Goodman
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PokerStar PokerStar 2 days ago
121K traded today and only 7K more sells than buys and they decimated the price down to $2.28.... down .18 cents on the day! This is getting ridiculous. This stock is acting like there is aggressive dilution going on. I'm at a loss... I don't have a clue how and why we're trading at close to the 52 week low, with a record quarterly about to be announced in 2 weeks.


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 2 days ago
It is becoming more and more obvious that the recent run up to over $6 bucks was a concerted effort of a group coming into the stock for a quick flip along with forced short covering. The days of 200K, 400K and 500K of share trading are long gone. We're back to low volume days where price manipulation is running rampant, as it's easy for a small group or even, one large holder to manipulate the price lower. I'm not going to lie that I thought the run up and increase in volume and price was acquisition related. I was so wrong. And now, with the report from a couple weeks ago that approximately 650K shares of GMGI were short, how long will it take for these criminals to cover their shorts? We've been stuck in this sh*tty channel under $2.50 for 2 weeks with no end in sight. These dirty pr*cks have done a number on any prospective buyers here. The manipulation is hurting us and crippling our chances of new eyes on this stock. We're 2 weeks away from a record quarterly dropping and somehow, buyers are scared to buy , even down here under $2.40. It's mind boggling! It's also more than obvious that if anyone had the thought of selling recently, they would have sold at $6, $5, $4... but nobody is selling down here other than the short sellers manipulating the price. I'm as sick as you are watching this total bullsh*t that's going on. And where is the company with their recent announcement about $5 million share buy back? At this price, you'd think they'd be buying and giving bid support here but as usual... nothing to help shareholders. Sad!


PokerStar
👍️ 1
PokerStar PokerStar 2 days ago
Sells outpacing buys, 10K to 9K, and somehow, these dirty shorting pr*cks have the price down .12 cents to $2.32? How in the f*ck is that even possible. We touched $2.68 yesterday and ever since, we've watched this ongoing criminality. 2 weeks away from what will be a positive, record breaking quarterly, and these dirty pr*cks have dropped the price to near pre acquisition price. SMFH...


PokerStar
πŸ‘οΈ0
Randyfloyd420 Randyfloyd420 2 days ago
F-ing joke.
πŸ‘οΈ0
PokerStar PokerStar 3 days ago
22K more buys than sells before the usual 4:00 after hour block dump of 9K, and they still shaved .09 cents off the price. SMFH. Nope, no shorting or group selling going on... nothing to see here!!! Price manipulation ongoing! Pr*cks!!!


PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 3 days ago
I agree 100%. When is somebody going to take the bull by the horns?
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PokerStar PokerStar 3 days ago
These dirty flipping pr*cks and shorters are relentless! Let it run up to $2.68 only to see an attack on the bid to drop the price red @$2.37. I'm so sick of this. We are sitting at a price where we were before acquiring a $100 million dollar profitable company. This makes zero sense, yet these groups of flippers and shorters are happy flipping for a .25-.30 cent profit. SMFH! When will things here ever change?


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 3 days ago
We watch a 15K ask slap not move the price from $2.60, then watch a few smaller sized ask slaps take the price up to $2.68, and now, after 38K traded, sellers are looking to sell @$2.53??? Give me a break. Classic covering followed by low volume short selling into the bid to kill the momo. As soon as we breach $2.60, these criminals are right back at it. Unf*ckingbelievable!


PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 3 days ago
There should be a law agains't you people for flipping this kind of a stock..Go flip some penny stocks. Flippers are ruining this stock. The SEC is looking the other way. Another government f-up..Such a joke.
πŸ‘οΈ0
TRUSTUNITS1000000 TRUSTUNITS1000000 3 days ago
A while back many r s and last one the company went up a lot after r s
πŸ‘οΈ0
TRUSTUNITS1000000 TRUSTUNITS1000000 3 days ago
Great flipping opportunities
πŸ‘οΈ0
PokerStar PokerStar 6 days ago
We can all hope it moves back up to at least $6 bucks but doubt we see that high again this year. I guess we'll see...


PokerStar
πŸ‘οΈ0
Tadek Tadek 6 days ago
my current average PPS on GMGI is $2.74, i am little red as now, but should move up soon
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Tadek Tadek 6 days ago
i swing trade GMGI for about 12 years, and ELRA, same ( that one i have a lot of common shares)
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PokerStar PokerStar 7 days ago
I'm not the one to argue facts about this company. I have forgotten more about this company than you actually know!


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 7 days ago
I've been here and bought millions pre reverse split. I've been here every minute since. After the reverse split, the price was about $2.40 and rose to over $14 within the next 6 months. How long have you been here flipping this?


Pok4
πŸ‘οΈ0
Tadek Tadek 7 days ago
i wonder for how long you trade this stock, ok then, not wiped out, only cleaned out, please check news and PPS in 2015
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Randyfloyd420 Randyfloyd420 7 days ago
I bet he’s a joo
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PokerStar PokerStar 7 days ago
And by the way... investors were NOT wiped out! In fact, following the R/S, the stock rose about 550% in the following months. But you knew that, it just doesn't fit your narrative!


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 7 days ago
You are starting to sound like a moron and now an admitted flipper. The R/S that happened to GMGI was done for the sole purpose to uplist to Nasdaq. It was not done for the purpose of raising the share price so they could dilute the hell out of the stock and pay debt like 99.9% of penny stocks. At least you've come clean and exposed yourself for what you are. Any positive posts from you will mean you're trying to entice buying so you can flip. Thanks for admitting your reason for posting here!


PokerStar
πŸ‘οΈ0
Tadek Tadek 7 days ago
In fact in 2015 Goodman initiated massive R/S to GMGI. Wipe out all investors, get higher PPS, that's his trading signature, can't trust this man.
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Tadek Tadek 7 days ago
Absolutely not, part of any group, Goodman does this all time to his investors, his stocks good stock for swing investment, not a long, GMGI i trade just like his ELRA, considering as penny stock, semi fraud.
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Gary 608 Gary 608 1 week ago
It was on Facebook private messenger to me. Someone I trust / trusted.
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PokerStar PokerStar 1 week ago
Lol... now that's a good one! Continuous record highs on the overall market for months yet we can't get this stock that's worth at least $5 bucks, all day long, above $2.50! GMGI has never followed the overall market trend. This thing has been in the sh*tter for over 2 years while the market has pretty much doubled. These crooked bast*rds are up to something nefarious again. No doubt in my mind. And BTW... if that comment was made on the Facebook blog...you should know it probably came from one of the shorter group!


PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 1 week ago
I was told today could be people are nervous about Kamala and Worse day this year for the markets. Nasdaq closed down 4% or more. (Sounds like excuses to me).
πŸ‘οΈ0
PokerStar PokerStar 1 week ago
A whopping 64K traded today... well below average, yet these dirty pr*cks were able to close this down another .12 cents. This is truly getting to be a real joke. New MeridianBet CEO converted 4 million dollars of debt owed to him for company shares priced at $3 bucks and we're now trading at $2.34... give me a f*cking break! Just another concerted effort to take this lower so when the first combined quarterly is posted, they can run this up so they can short it right back down. F*cking joke!


PokerStar
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PokerStar PokerStar 1 week ago
With your non stop negative posts about Elray Resources and GMGI, it's kind of looking like you're part of the group of disgruntled shorters.


PokerStar
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PokerStar PokerStar 1 week ago
This is hardly the CEO's doing. This has been an ongoing, concerted effort by a group that obviously holds a grudge about something with the company. These shorters have done all they can to kill momo wherever this starts to run. The CEO's shares are locked up and anyone that thinks the price here isn't being controlled by shorters are either blind, stupid or a little of both. All in my opinion of course!


PokerStar
👍️ 1
Tadek Tadek 1 week ago
Goodman and his team at best performance, standard
πŸ‘οΈ0
PokerStar PokerStar 1 week ago
Agreed. Nothing but ongoing short covering between $2.25-$2.46. These dirty pr*cks won't even let it get above $2.50. What we need is a huge volume day in the 400-500K range to force these dicks to cover and allow it to run. We should be seeing huge buys going on here for anything under $3 bucks but these dirty shorting pr*cks have scared off any legitimate investors here knowing these pr*cks just won't allow this to go higher. Every little bump in volume and price and these dirty pr*cks dump more shorted shares into the bid to keep the price in check. I'm so sick and tired of these games along with the rest of us longs.



PokerStar
πŸ‘οΈ0
Randyfloyd420 Randyfloyd420 1 week ago
F-ing joke
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PokerStar PokerStar 1 week ago
Agreed 100%!


PokerStar
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Gary 608 Gary 608 2 weeks ago
Like I said before, it's a shame the stock market ended up this way with greedy low lifes dumping into the bid to make their daily earnings..It ruins it for the honest investor who wants to build this up in their savings portfolios. I still have a hunch that this stock is the one that is being abused the most not just for earnings but as a payback with whoever got their feathers in a ruffle about this stock a while ago. It's a nasty selling like it is being orchestrated by a certain group.
πŸ‘οΈ0
PokerStar PokerStar 2 weeks ago
Something continues to go on here that is sickening, that's all I know. I'm just so sick of watching the gains continually disappear. This ticker should be at least at $4-$5 bucks minimum, but these flipping douchebags won't even let the price get back solidly over $3 bucks before they start dumping into the bid. Between the shorters and the flippers here, I'm at my whits end! Like I said, if this isn't at least around $3.50-$4.00 bucks by the time the quarterly drops, I'm out. I'll take my lumps and move my money elsewhere. I've just had enough of these games.



PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 2 weeks ago
It feels like a vendetta to wipe us out..Somebody or a few have hard-ons for this stock. Maybe they are the ones that were thrown out of the group boards for bragging about flipping and shorting. This is NOT normal.
πŸ‘οΈ0
PokerStar PokerStar 2 weeks ago
Another day of shorting the f*ck out of this ticker. They let it run up to $3.10 this week as these losers couldn't find sellers to cover their shorts. Since then it's been a sell fest. Same sh*t, different week. I'm just about done with this sh*t. Giving it another month and if nothing changes, I'm dumping everything and putting my money elsewhere, where it has a chance to hold some gains. This is just getting sickening to see these never ending games.


PokerStar
πŸ‘οΈ0
PokerStar PokerStar 2 weeks ago
How much lower do you want it? The 52 week low is 1.95, which is slightly lower than the price after the RS when this company was tiny and was looking to uplist to Nasdaq. After the recent run up to low $6s, followed by the profit taking and serious shorting, the price churned in the $2.20-$2.35 range for days. 650K shares shorted that need to continue to be covered. This is now a profitable company and with the recent MeridianBet acquisition, it's now a company with 1st year combined revenues around 160 million. How low do you actually believe the price can go? Unless more shorting destroys the price before the quarterly drops in mid August, this shouldn't be going anywhere but up... and I'm not trying to convince you to buy a share here. I couldn't care less what you do. But for the love of God, stop dropping in with negative comments, if you are truly intrigued by this company! You come off as a shorter, so don't waste your posts sending constant negativity! Thanks!


PokerStar
πŸ‘οΈ0
Harbor6460 Harbor6460 2 weeks ago
Chart has a lot of support at 2.50. Over 3.50 it would have to break to have any chance of moving up. Long term I like this company. Looks legit. Like I said. I ain’t shorting. Just would enter if lower
πŸ‘οΈ0
Gary 608 Gary 608 2 weeks ago
Great flipper your ass..Why don't you stay off of here.
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TRUSTUNITS1000000 TRUSTUNITS1000000 2 weeks ago
When went through a reverse split, sky rocketed, usually r s lose money
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TRUSTUNITS1000000 TRUSTUNITS1000000 2 weeks ago
Great flipper
πŸ‘οΈ0
TRUSTUNITS1000000 TRUSTUNITS1000000 2 weeks ago
Interesting company
πŸ‘οΈ0
PokerStar PokerStar 2 weeks ago
It was nice to see the company announce a share buy back program of $5 million dollars. I'm hoping that this time around, with the acquisition complete that they actually support the share price by stepping in and supporting the bid. I believe the smartest thing for them to do, if they actually want to help the share price and shareholders, is to sit on the bid. As they pick up a few shares and the price rises... the best thing would be to show a nice rising bid. That's what we need here to send a message to these loser flippers that kill our momo for burger money!
πŸ‘οΈ0
PokerStar PokerStar 2 weeks ago
Agreed brother! Just have to look at today's action. Hit $3.10 then these low lifes were ready to dump into the bid. Rinse and repeat! I didn't believe a possible run would hold $3 bucks first time around but I am thinking we do close at or above $3 bucks by Friday's close. IMO!


PokerStar
πŸ‘οΈ0
Gary 608 Gary 608 2 weeks ago
Problem is I think, they won't let it gain up to the 7's or 8's this time. Too many greedy low lifes that have recognized this stock are just happy what they are making when it reaches a couple of bucks past $2.00 so they can cash in on lower profits. Beer, cigarette, and drug cash before the next guy.
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