Goldmoney (TSE:XAU) Reaches New 1-Year High – Here’s What Happened

Shares of Goldmoney Inc. (TSE:XAU) reached a new 52-week high on Monday . The company traded as high as C$10.15 and last traded at C$10.02, with a volume of 7813 shares. The stock had previously closed at C$10.17.

Goldmoney Trading Up 0.5 %

The business has a 50 day moving average of C$9.33 and a two-hundred day moving average of C$8.32. The firm has a market cap of C$133.48 million, a P/E ratio of -7.34 and a beta of -0.78. The company has a current ratio of 1.85, a quick ratio of 6.53 and a debt-to-equity ratio of 26.11.

Goldmoney (TSE:XAU) last issued its quarterly earnings data on Wednesday, July 31st. The company reported C$0.51 earnings per share for the quarter. The company had revenue of C$27.24 million for the quarter. Goldmoney had a negative net margin of 27.72% and a negative return on equity of 11.80%. Analysts predict that Goldmoney Inc. will post -0.06 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Roy Sebag bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were bought at an average price of C$8.09 per share, with a total value of C$80,920.00. Company insiders own 34.39% of the company’s stock.

About Goldmoney

Goldmoney Inc engages in the precious metals sales, and coin retailing and lending worldwide. The company operates through two segments: Goldmoney.com and Schiff Gold. It operates through Goldmoney.com, an online platform that provides clients with access to their holding to purchase and sell physical precious metals, and arrange for their custody and storage; and deals in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery.