Galantas Gold (CVE:GAL) Reaches New 1-Year Low – Here’s What Happened

Galantas Gold Co. (CVE:GALGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 5000 shares traded. The stock had previously closed at C$0.06.

Galantas Gold Stock Performance

The business has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.12. The stock has a market cap of C$6.31 million, a PE ratio of -0.79 and a beta of 3.15. The company has a current ratio of 0.14, a quick ratio of 0.65 and a debt-to-equity ratio of 189.08.

Galantas Gold Company Profile

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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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