Goldmoney (TSE:XAU) Shares Down 1% – Here’s Why

Goldmoney Inc. (TSE:XAU) shares traded down 1% during mid-day trading on Wednesday . The company traded as low as C$7.52 and last traded at C$7.95. 11,870 shares changed hands during trading, an increase of 7% from the average session volume of 11,106 shares. The stock had previously closed at C$8.03.

Goldmoney Trading Down 1.0 %

The company has a debt-to-equity ratio of 26.11, a quick ratio of 6.53 and a current ratio of 1.85. The firm has a market cap of C$104.86 million, a P/E ratio of -5.80 and a beta of -0.78. The firm has a 50 day simple moving average of C$9.19 and a 200 day simple moving average of C$8.52.

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.