Understanding the Risks of Investing in Golden Matrix Group Inc (GMGI)

CHWY Stock

Golden Matrix Group Inc’s filing revealed that its Chief Executive Officer Goodman Anthony Brian unloaded Company’s shares for reported $87000.0 on Jul 14 ’25. In the deal valued at $1.74 per share,50,000 shares were sold. As a result of this transaction, Goodman Anthony Brian now holds 8,754,079 shares worth roughly $14.79 million.

Then, Goodman Anthony Brian bought 50,000 shares, generating $87,150 in total proceeds.

Before that, Goodman Anthony Brian sold 50,000 shares. Golden Matrix Group Inc shares valued at $85,500 were divested by the Chief Executive Officer at a price of $1.71 per share. As a result of the transaction, Goodman Anthony Brian now holds 8,804,079 shares, worth roughly $14.88 million.

Maxim Group initiated its Golden Matrix Group Inc [GMGI] rating to a Buy in a research note published on February 21, 2025; the price target was $4.

Price Performance Review of GMGI

On Tuesday, Golden Matrix Group Inc [NASDAQ:GMGI] saw its stock fall -1.74% to $1.69. Over the last five days, the stock has lost -7.14%. Golden Matrix Group Inc shares have fallen nearly -30.17% since the year began. Nevertheless, the stocks have fallen -14.65% over the past one year. While a 52-week high of $3.10 was reached on 01/14/25, a 52-week low of $1.33 was recorded on 05/23/25.

Levels Of Support And Resistance For GMGI Stock

The 24-hour chart illustrates a support level at 1.6382, which if violated will result in even more drops to 1.5865. On the upside, there is a resistance level at 1.7635. A further resistance level may holdings at 1.8371.

How much short interest is there in Golden Matrix Group Inc?

A steep rise in short interest was recorded in Golden Matrix Group Inc stocks on 2025-06-13, dropping by -0.22 million shares to a total of 1.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.53 million shares. There was a decline of -17.07%, which implies that there is a negative sentiment for the stock.

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