Galantas Gold (CVE:GAL) Reaches New 12-Month Low – Should You Sell?

Galantas Gold Co. (CVE:GAL)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 49088 shares. The stock had previously closed at C$0.07.

Galantas Gold Stock Performance

The company has a current ratio of 0.14, a quick ratio of 0.65 and a debt-to-equity ratio of 189.08. The firm’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.12. The firm has a market cap of C$6.89 million, a price-to-earnings ratio of -0.86 and a beta of 3.15.

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.