Galantas Gold (CVE:GAL) Stock Price Down 3.8% – Time to Sell?

Galantas Gold Co. (CVE:GALGet Free Report)’s stock price dropped 3.8% during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 24,376 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 65,249 shares. The stock had previously closed at C$0.13.

Galantas Gold Trading Down 3.8 %

The company has a quick ratio of 0.65, a current ratio of 0.14 and a debt-to-equity ratio of 189.08. The firm has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.15. The firm has a market cap of C$14.35 million, a PE ratio of -1.79 and a beta of 3.20.

Galantas Gold (CVE:GALGet Free Report) last issued its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) EPS for the quarter. Equities analysts anticipate that Galantas Gold Co. will post 0.2 earnings per share for the current year.

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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