Goldmoney (TSE:XAU) Trading Down 0.5% – Here’s Why

Goldmoney Inc. (TSE:XAUGet Free Report)’s stock price dropped 0.5% during trading on Tuesday . The company traded as low as C$8.02 and last traded at C$8.10. Approximately 3,386 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 6,316 shares. The stock had previously closed at C$8.14.

Goldmoney Price Performance

The firm’s 50 day simple moving average is C$8.31 and its two-hundred day simple moving average is C$8.58. The company has a debt-to-equity ratio of 24.24, a current ratio of 1.39 and a quick ratio of 6.53. The firm has a market capitalization of C$105.75 million, a P/E ratio of -4.34 and a beta of -0.78.

About Goldmoney

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Goldmoney Inc (TSX: XAU) is a precious metal focused global business. Through its ownership of various operating subsidiaries, the company is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney clients located in over 150 countries hold nearly $3 billion in precious metal assets.

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