Galantas Gold (CVE:GAL) Stock Price Up 6.9%

Shares of Galantas Gold Co. (CVE:GAL) rose 6.9% during mid-day trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 13,799 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 64,500 shares. The stock had previously closed at C$0.15.

Galantas Gold Trading Up 3.2 %

The stock has a market capitalization of C$18.32 million, a P/E ratio of -2.00 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. The business’s 50 day simple moving average is C$0.17 and its 200-day simple moving average is C$0.18.

Galantas Gold (CVE:GAL) last announced its quarterly earnings data on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts forecast that Galantas Gold Co. will post 0.2 EPS for the current year.

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.