Shares of Galantas Gold Corp (LON:GAL) reached a new 52-week low on Tuesday . The company traded as low as GBX 4.40 ($0.06) and last traded at GBX 4.65 ($0.06), with a volume of 423144 shares. The stock had previously closed at GBX 4.75 ($0.06).
The company has a current ratio of 0.22, a quick ratio of 0.21 and a debt-to-equity ratio of 49.41. The firm has a market capitalization of $9.75 million and a price-to-earnings ratio of -4.65.
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Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It owns and operates a producing open pit gold mine near Omagh, County Tyrone. It also produces silver and lead. 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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