Galantas Gold (CVE:GAL) Director Lawrence Roulston Sells 933,500 Shares of Stock

Galantas Gold Co. (CVE:GAL) Director Lawrence Roulston sold 933,500 shares of Galantas Gold stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of C$0.38, for a total transaction of C$354,730.00. Following the completion of the transaction, the director directly owned 37,200,045 shares in the company, valued at approximately C$14,136,017.10. This trade represents a 2.45% decrease in their ownership of the stock.

Galantas Gold Stock Up 5.4%

GAL stock opened at C$0.39 on Friday. Galantas Gold Co. has a 52-week low of C$0.06 and a 52-week high of C$0.71. The company’s 50 day simple moving average is C$0.49 and its 200-day simple moving average is C$0.39. The company has a debt-to-equity ratio of 4.09, a current ratio of 5.82 and a quick ratio of 0.65. The firm has a market capitalization of C$326.81 million, a P/E ratio of -6.50 and a beta of 0.77.

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. The company was formerly known as European Gold Resources Inc and changed its name to Galantas Gold Corporation in May 2004.