Galantas Gold (CVE:GAL) Trading Up 6.9%

Shares of Galantas Gold Co. (CVE:GAL) were up 6.9% during trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 13,799 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 64,500 shares. The stock had previously closed at C$0.15.

Galantas Gold Price Performance

The business’s fifty day moving average is C$0.17 and its 200-day moving average is C$0.18. The company has a debt-to-equity ratio of 147.81, a current ratio of 0.25 and a quick ratio of 0.65. The firm has a market cap of C$18.32 million, a PE ratio of -2.00 and a beta of 3.39.

Galantas Gold (CVE:GAL) last posted its quarterly earnings data on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts predict that Galantas Gold Co. will post 0.2 earnings per share for the current fiscal year.

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.