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GMGI

Golden Matrix Group, Inc.

Golden Matrix Group, Inc. (GMGI) is currently in a range/mixed trend, trading above both the 50-day and 200-day moving averages. RSI is at 83.0 (overbought), with 2/3 trend checks passing.

Price
$0.64
+0.06 (+9.86%)
Day range
$0.56–$0.69
52wk $0.56–$99.36
Volume
784.9K
Avg
Trend score
2/3
Range / Mixed
RSI (14)
83.0
Overbought
Price above MA50Price above MA200MA50 above MA200
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Chart View

GMGI with MA50 and MA200

23.2618.9614.6710.376.0705/2008/1511/1002/0505/04
GMGI2025-05-202026-05-04
PriceMA50MA200
Technical Indicators

Key levels & signals

MA50
$7.84+64.01% vs price
MA200
$10.79+19.06% vs price
RSI (14)
83.0Overbought zone
MACD Signal
BullishMomentum above signal
Macro Support
Not identifiedNo repeated weekly support zone found
Support Quality
Volume data unavailable
Valuation

GMGI valuation multiples (TTM)

P/E Ratio
P/S Ratio
P/B Ratio
EV/EBITDA
Valuation multiples are provided by Financial Modeling Prep when available.
Analyst Ratings

GMGI analyst consensus

Avg Price Target
High Target
Low Target
Analyst Coverage
Analyst ratings and price targets are provided by Financial Modeling Prep when available.
Chart Summary
Trend summary for GMGI

Golden Matrix Group, Inc. (GMGI) looks more range-bound than strongly trending, but there are still a few supportive signs on the chart. The latest available price is $0.64, and 2 of 3 core trend checks are currently passing. Price is trading above the 50-day moving average by 64.0% and above the 200-day moving average by 19.1%.

Momentum and stretch context

GMGI currently has an RSI reading of 83.0, which points to very strong short-term momentum but also a fairly extended setup. Stocks can stay strong for longer than expected, but this kind of reading often tells beginners not to confuse strength with low-risk entry timing.

What traders may watch next

Because GMGI is showing stronger momentum inside a more extended backdrop, the next step is often about timing rather than direction. A stock can keep pushing higher, but many traders will still watch for whether the move stays orderly or starts to look too stretched to offer a comfortable entry.

Company profile

About Golden Matrix Group, Inc.

Golden Matrix Group, Inc. delivers business-focused software-as-a-service (SaaS) solutions tailored for companies managing online casinos and sports wagering platforms. The firm creates and possesses proprietary intellectual property in online gaming, constructing sophisticated gaming platforms principally for clients across the Asia Pacific region and Europe. Their robust platform empowers gaming operators to run diverse online offerings, including casinos, sports betting, lottery, and live dealer games, and also grants clients entry to a wide array of officially licensed gaming content sourced from various third-party content providers. Furthermore, Golden Matrix offers specialized services and distributes external gaming content to authorized online gaming resellers. Users can engage with their platform via both desktop and mobile applications. Established in 2008 and headquartered in Las Vegas, Nevada, the company adopted its current name, Golden Matrix Group, Inc., in April 2016, having previously operated as Source Gold Corp.

Sector
Technology
Industry
Electronic Gaming & Multimedia
CEO
William Scott
Employees
1,200
Market cap
$8.1M
Beta
0.81
52-week range
$0.56 – $99.36
Dividend
No
Exchange
NASDAQ
Country
US
IPO date
30 Oct 2009
ISIN
US3810984092
CUSIP
381098409
Company profile data from Financial Modeling Prep. GMGI listed on NASDAQ.
Share dilution

GMGI shares outstanding over time

Tracking total shares outstanding is one way to spot dilution — a rising line means the company has issued more shares (stock-based compensation, secondary offerings, convertible debt), which spreads the same earnings and ownership across more shares. A falling line usually reflects buybacks.

Jul 2019Mar 2026
Shares outstanding (latest)
12.6M
Since Jul 2019
+699.7%
Trend
More shares outstanding
Historical shares-outstanding data from Financial Modeling Prep. GMGI28 data points from Jul 2019 to Mar 2026.
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FAQ

Common questions about GMGI

Is this page a buy or sell recommendation?

No. This page is designed to help you review chart structure, momentum and technical context more quickly, but it is not personal financial advice.

Why can a stock look bullish and overbought at the same time?

Strong trending stocks can still become stretched in the short term. That is why trend traders and dip buyers can read the same chart differently.

What should I do next after reading this page?

Open the full dashboard, review the chart in more detail, compare indicators, and decide whether the setup still makes sense within your own process.