Galantas Gold Co. (CVE:GAL – Get Free Report) insider Alpayana S.A.C. acquired 5,768,385 shares of Galantas Gold stock in a transaction dated Monday, October 26th. The stock was purchased at an average price of C$0.37 per share, for a total transaction of C$2,134,302.45. Following the completion of the acquisition, the insider directly owned 103,082,275 shares in the company, valued at approximately C$38,140,441.75. This represents a 5.93% increase in their position.
Galantas Gold Stock Down 1.3%
Shares of CVE:GAL traded down C$0.01 during trading on Thursday, hitting C$0.37. 815,000 shares of the company were exchanged, compared to its average volume of 825,875. The firm’s 50 day moving average price is C$0.52 and its 200-day moving average price is C$0.38. Galantas Gold Co. has a 12-month low of C$0.06 and a 12-month high of C$0.71. The company has a debt-to-equity ratio of 4.09, a current ratio of 5.82 and a quick ratio of 0.65. The stock has a market capitalization of C$310.05 million, a P/E ratio of -6.17 and a beta of 1.14.
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.
Recommended Stories
- Five stocks we like better than Galantas Gold
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Galantas Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galantas Gold and related companies with MarketBeat.com's FREE daily email newsletter.
