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

Galantas Gold Co. (CVE:GALGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.06 and last traded at C$0.05, with a volume of 2060 shares. The stock had previously closed at C$0.06.

Galantas Gold Stock Performance

The stock has a market capitalization of C$5.74 million, a P/E ratio of -0.71 and a beta of 3.15. The company’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.11. The company has a current ratio of 0.14, a quick ratio of 0.65 and a debt-to-equity ratio of 189.08.

About Galantas Gold

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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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