Galantas Gold Co. (CVE:GAL – Get Free Report) was up 4.5% during trading on Thursday . The stock traded as high as C$0.47 and last traded at C$0.47. Approximately 1,978,995 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 2,021,412 shares. The stock had previously closed at C$0.45.
Galantas Gold Price Performance
The company has a 50 day moving average price of C$0.32 and a 200 day moving average price of C$0.22. The company has a market capitalization of C$247.79 million, a price-to-earnings ratio of -7.71 and a beta of 1.23. The company has a current ratio of 0.08, a quick ratio of 0.65 and a debt-to-equity ratio of 76.55.
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.
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