Galantas Gold Co. (CVE:GAL – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$0.38 and traded as high as C$0.41. Galantas Gold shares last traded at C$0.40, with a volume of 749,932 shares.
Galantas Gold Trading Down 1.3%
The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.65 and a current ratio of 5.82. The stock has a market capitalization of C$310.05 million, a P/E ratio of -6.17 and a beta of 1.14. The firm’s fifty day simple moving average is C$0.52 and its 200 day simple moving average is C$0.38.
Galantas Gold Company Profile
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.
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