Key Points
- Insider Alpayana S.A.C. purchased 5,768,385 Galantas Gold shares at C$0.37 each for a total of C$2.13 million, increasing its stake by 5.93% to 103.08 million shares.
- Galantas Gold shares opened at C$0.37, with a 12-month trading range of C$0.06 to C$0.71 and a market capitalization of approximately C$310.05 million.
- The company explores and develops gold, silver, and lead properties, including a producing open-pit gold mine near Omagh, Northern Ireland, and the Gairloch project.
Galantas Gold Co. (CVE:GAL - Get Free Report) insider Alpayana S.A.C. acquired 5,768,385 shares of the company's stock in a transaction dated Monday, October 26th. The stock was acquired 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 purchase, the insider directly owned 103,082,275 shares of the company's stock, valued at C$38,140,441.75. This trade represents a 5.93% increase in their position.
Galantas Gold Price Performance
CVE GAL opened at C$0.37 on Friday. Galantas Gold Co. has a twelve month low of C$0.06 and a twelve month high of C$0.71. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.65 and a current ratio of 5.82. The stock has a market capitalization of C$310.05 million, a PE ratio of -6.17 and a beta of 1.14. The stock has a 50-day simple moving average of C$0.52 and a 200 day simple moving average of C$0.38.
About Galantas Gold
(
Get Free Report)
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.
Further Reading
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