Galantas Gold (CVE:GAL) Director Lawrence Roulston Sells 933,500 Shares of Stock

Galantas Gold Co. (CVE:GAL - Get Free Report) Director Lawrence Roulston sold 933,500 shares of the firm's stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of C$0.38, for a total transaction of C$354,730.00. Following the sale, the director owned 37,200,045 shares of the company's stock, valued at approximately C$14,136,017.10. This represents a 2.45% decrease in their ownership of the stock.

Galantas Gold Stock Performance

Shares of GAL opened at C$0.39 on Friday. The company's 50 day moving average price is C$0.49 and its 200 day moving average price is C$0.39. Galantas Gold Co. has a 52 week low of C$0.06 and a 52 week high of C$0.71. The company has a market capitalization of C$326.81 million, a PE ratio of -6.50 and a beta of 0.77. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.65 and a current ratio of 5.82.

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.

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