Goldmoney (TSE:XAU) Shares Down 1.4% – Here’s What Happened

Goldmoney Inc. (TSE:XAU) dropped 1.4% on Wednesday . The company traded as low as C$10.24 and last traded at C$10.30. Approximately 6,151 shares changed hands during trading, a decline of 15% from the average daily volume of 7,268 shares. The stock had previously closed at C$10.45.

Goldmoney Trading Down 1.4%

The company has a current ratio of 1.39, a quick ratio of 6.53 and a debt-to-equity ratio of 24.24. The stock has a market capitalization of C$130.04 million, a P/E ratio of 4.68 and a beta of 0.52. The stock’s fifty day moving average price is C$11.22 and its two-hundred day moving average price is C$9.98.

About Goldmoney

Goldmoney Inc (TSX: XAU) is a precious metal focused global business. Through its ownership of various operating subsidiaries, the company is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney clients located in over 150 countries hold nearly $3 billion in precious metal assets. The company’s operating subsidiaries include: Goldmoney.com, SchiffGold.com and Lend & Borrow Trust. In addition to the Company’s principal business segments, the Company holds a significant interest in Mene Inc, which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight.