Galantas Gold (CVE:GAL) Reaches New 52-Week Low – Here’s Why

Galantas Gold Co. (CVE:GALGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 5000 shares. The stock had previously closed at C$0.06.

Galantas Gold Stock Performance

The company has a debt-to-equity ratio of 189.08, a current ratio of 0.14 and a quick ratio of 0.65. The firm has a market capitalization of C$6.31 million, a P/E ratio of -0.79 and a beta of 3.15. The stock’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.12.

Galantas Gold Company Profile

(Get Free Report)

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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