Goldmoney (TSE:XAU) Hits New 52-Week High – What’s Next?

Goldmoney Inc. (TSE:XAU) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$10.25 and last traded at C$10.15, with a volume of 11011 shares. The stock had previously closed at C$10.06.

Goldmoney Stock Performance

The business has a fifty day moving average of C$9.54 and a 200-day moving average of C$8.37. The company has a market cap of C$133.75 million, a PE ratio of -7.45 and a beta of -0.78. The company has a current ratio of 1.85, a quick ratio of 6.53 and a debt-to-equity ratio of 26.11.

Goldmoney (TSE:XAU) last issued its quarterly earnings data on Wednesday, July 31st. The company reported C$0.51 earnings per share (EPS) for the quarter. The business had revenue of C$27.24 million for the quarter. Goldmoney had a negative net margin of 27.72% and a negative return on equity of 11.80%. Equities research analysts anticipate that Goldmoney Inc. will post -0.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Goldmoney news, Director Roy Sebag bought 10,000 shares of Goldmoney stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of C$8.09 per share, with a total value of C$80,920.00. 34.39% of the stock is owned by insiders.

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.