Galantas Gold (CVE:GAL) Reaches New 12-Month Low – Here’s What Happened

Galantas Gold Co. (CVE:GAL) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 25000 shares traded. The stock had previously closed at C$0.05.

Galantas Gold Stock Down 10.0 %

The company has a debt-to-equity ratio of 189.08, a quick ratio of 0.65 and a current ratio of 0.14. The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.10. The company has a market capitalization of C$5.16 million, a PE ratio of -0.64 and a beta of 3.15.

Galantas Gold Company Profile

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.