Galantas Gold Co. (CVE:GAL – Get Free Report) shares traded down 2.4% on Friday . The stock traded as low as C$0.40 and last traded at C$0.40. 1,008,077 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 1,346,119 shares. The stock had previously closed at C$0.41.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upgraded Galantas Gold to a “moderate buy” rating in a report on Monday, June 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Galantas Gold presently has an average rating of “Buy”.
Get Our Latest Stock Report on Galantas Gold
Galantas Gold Stock Down 2.4%
About Galantas Gold
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. The company was formerly known as European Gold Resources Inc and changed its name to Galantas Gold Corporation in May 2004.
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