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

Galantas Gold Co. (CVE:GAL) shares 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 trading hands. The stock had previously closed at C$0.05.

Galantas Gold Stock Performance

The stock has a market cap of C$5.16 million, a P/E ratio of -0.64 and a beta of 3.15. The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.10. The company has a debt-to-equity ratio of 189.08, a current ratio of 0.14 and a quick ratio of 0.65.

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.