Galantas Gold (CVE:GAL) Hits New 52-Week Low – Here’s What Happened

Galantas Gold Co. (CVE:GALGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 2500 shares. The stock had previously closed at C$0.05.

Galantas Gold Price Performance

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 company has a market cap of C$5.16 million, a PE ratio of -0.64 and a beta of 3.15. The firm’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.10.

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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