Shares of Galantas Gold Co. (CVE:GAL – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 388900 shares changing hands. The stock had previously closed at C$0.13.
Galantas Gold Trading Up 9.1 %
The company’s 50-day moving average is C$0.14 and its 200 day moving average is C$0.16. The company has a market cap of C$13.74 million, a price-to-earnings ratio of -1.38 and a beta of 3.20. The company has a quick ratio of 0.65, a current ratio of 0.21 and a debt-to-equity ratio of 162.03.
Galantas Gold (CVE:GAL – Get Free Report) last announced its earnings results on Thursday, May 30th. The company reported C($0.01) earnings per share for the quarter. Research analysts predict that Galantas Gold Co. will post 0.2 EPS for the current year.
About Galantas Gold
Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It primarily explores for gold, silver, and lead deposits. The company owns and operates a producing open-pit gold mine near Omagh, which covers an area of 189 square kilometers; and the Gairloch project that covering an area of 217 square kilometers located in the Gairloch Schist Belt.
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