Goldmoney (TSE:XAU) Shares Down 0.4% – Here’s Why

Goldmoney Inc. (TSE:XAU) shares traded down 0.4% during mid-day trading on Thursday . The company traded as low as C$7.78 and last traded at C$8.15. 6,129 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 4,369 shares. The stock had previously closed at C$8.18.

Goldmoney Price Performance

The company has a debt-to-equity ratio of 26.11, a current ratio of 1.85 and a quick ratio of 6.53. The stock has a market cap of C$110.80 million, a price-to-earnings ratio of -6.13 and a beta of -0.78. The company’s 50 day moving average is C$8.02 and its 200 day moving average is C$8.64.

Goldmoney (TSE:XAU) last released its quarterly earnings results on Monday, November 11th. The company reported C$0.33 earnings per share for the quarter. Goldmoney had a negative return on equity of 11.80% and a negative net margin of 27.72%. Research analysts forecast that Goldmoney Inc. will post -0.06 earnings per share for the current fiscal year.

Goldmoney Company Profile

Goldmoney Inc engages in the precious metals sales, and coin retailing and lending worldwide. The company operates through two segments: Goldmoney.com and Schiff Gold. It operates through Goldmoney.com, an online platform that provides clients with access to their holding to purchase and sell physical precious metals, and arrange for their custody and storage; and deals in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery.