Shares of Galane Gold Ltd (CVE:GG) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07, with a volume of 1050600 shares. The stock had previously closed at C$0.06.
The company’s 50 day moving average is C$0.05. The firm has a market capitalization of $12.05 million and a price-to-earnings ratio of -9.17. The company has a current ratio of 0.54, a quick ratio of 0.22 and a debt-to-equity ratio of 140.57.
Galane Gold (CVE:GG) last announced its earnings results on Wednesday, May 29th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$11.27 million for the quarter.
About Galane Gold (CVE:GG)
Galane Gold Ltd., through its subsidiaries, engages in the exploration for, development, and operation of gold mining properties. It holds interest in the Mupane Property, which is located in the Republic of Botswana; and the Galaxy Property that is located in the Republic of South Africa. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
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