Galantas Gold (CVE:GAL) Hits New 1-Year Low – Time to Sell?

Shares of Galantas Gold Co. (CVE:GALGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 28150 shares trading hands. The stock had previously closed at C$0.06.

Galantas Gold Stock Performance

The company has a current ratio of 0.14, a quick ratio of 0.65 and a debt-to-equity ratio of 189.08. The firm has a market capitalization of C$5.74 million, a P/E ratio of -0.71 and a beta of 3.15. The business’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.10.

Galantas Gold Company Profile

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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.

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