Galantas Gold (CVE:GAL) Shares Up 6.9%

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

Galantas Gold Price Performance

The company has a 50-day simple moving average of C$0.17 and a 200-day simple moving average of C$0.18. The stock has a market cap of C$17.75 million, a PE ratio of -1.94 and a beta of 3.39. The company has a debt-to-equity ratio of 147.81, a current ratio of 0.25 and a quick ratio of 0.65.

Galantas Gold (CVE:GAL) last released its quarterly earnings data on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. Sell-side analysts anticipate that Galantas Gold Co. will post 0.2 EPS 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.