GTN (ASX:GTN) Trading 2.4% Higher

Shares of Gtn Ltd (ASX:GTN) traded up 2.4% on Monday . The stock traded as high as A$0.84 ($0.60) and last traded at A$0.84 ($0.60), 872 shares changed hands during mid-day trading. The stock had previously closed at A$0.82 ($0.58).

The stock has a market cap of $183.41 million and a PE ratio of 11.71. The company has a debt-to-equity ratio of 26.48, a current ratio of 2.67 and a quick ratio of 2.57. The business has a 50 day moving average price of A$0.80 and a two-hundred day moving average price of A$0.83.


King Island Scheelite Limited operates in the mining industry. It focuses on the redevelopment of its 100% Dolphin tungsten project in King Island, Tasmania. The company was formerly known as GTN Resources Limited and changed its name to King Island Scheelite Limited in October 2005. King Island Scheelite Limited was incorporated in 1966 and is based in Sydney, Australia.

Featured Article: Why does a company issue an IPO?

Receive News & Ratings for GTN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GTN and related companies with's FREE daily email newsletter.