Galantas Gold (LON:GAL) Share Price Crosses Above 50 Day Moving Average of $28.65

Galantas Gold Co. (LON:GAL – Get Rating)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 28.65 ($0.35) and traded as high as GBX 29.50 ($0.36). Galantas Gold shares last traded at GBX 29.50 ($0.36), with a volume of 45,253 shares changing hands.

Galantas Gold Stock Performance

The company has a debt-to-equity ratio of 22.99, a current ratio of 0.63 and a quick ratio of 0.59. The company has a market capitalization of £24.23 million and a PE ratio of -5.57. The firm’s fifty day simple moving average is GBX 28.65 and its 200 day simple moving average is GBX 31.67.

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. The company owns and operates a producing open-pit gold mine near Omagh, which covers an area of 189 square kilometers. It also produces by-products of silver and lead.

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