Galantas Gold (CVE:GAL) Sets New 1-Year Low – Here’s Why

Galantas Gold Co. (CVE:GALGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 248800 shares changing hands. The stock had previously closed at C$0.06.

Galantas Gold Price Performance

The firm has a market capitalization of C$5.74 million, a PE ratio of -0.71 and a beta of 3.15. The company has a debt-to-equity ratio of 189.08, a quick ratio of 0.65 and a current ratio of 0.14. The stock has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.11.

Galantas Gold Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Galantas Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galantas Gold and related companies with MarketBeat.com's FREE daily email newsletter.