Galantas Gold (CVE:GAL) Stock: Insider Lawrence Roulston Sells 933,500 Shares

Galantas Gold Co. (CVE:GAL) Director Lawrence Roulston sold 933,500 shares of the stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of C$0.38, for a total transaction of C$354,730.00. Following the sale, the director directly owned 37,200,045 shares in the company, valued at approximately C$14,136,017.10. This represents a 2.45% decrease in their position.

Galantas Gold Stock Performance

Shares of CVE GAL opened at C$0.39 on Monday. Galantas Gold Co. has a 1-year low of C$0.06 and a 1-year high of C$0.71. The company has a market cap of C$326.81 million, a PE ratio of -6.50 and a beta of 0.77. The company has a current ratio of 5.82, a quick ratio of 0.65 and a debt-to-equity ratio of 4.09. The company has a 50-day moving average of C$0.49 and a two-hundred day moving average of C$0.39.

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. The company was formerly known as European Gold Resources Inc and changed its name to Galantas Gold Corporation in May 2004.