Goldmoney (TSE:XAU) Shares Down 0.3% - Here's Why

Key Points

• Goldmoney Inc. (TSE:XAU) shares fell by 0.3% to C$12.75, with trading volume increasing by 505% from its average daily volume.
• The company has a market capitalization of C$161.67 million and a debt-to-equity ratio of 24.24, indicating strong leverage.
• Goldmoney operates globally in the precious metals sector, with clients in over 150 countries holding nearly $3 billion in assets.

Goldmoney Inc. (TSE:XAU - ) was down 0.3% on Tuesday . The company traded as low as C$12.35 and last traded at C$12.75. Approximately 39,573 shares traded hands during mid-day trading, an increase of 505% from the average daily volume of 6,539 shares. The stock had previously closed at C$12.79.

Goldmoney Stock Down 0.3%

The company has a debt-to-equity ratio of 24.24, a quick ratio of 6.53 and a current ratio of 1.39. The firm has a market capitalization of C$161.67 million, a P/E ratio of 8.92 and a beta of 0.55. The stock has a fifty day moving average price of C$10.10 and a two-hundred day moving average price of C$9.01.

Goldmoney Company Profile

Goldmoney Inc TSX: XAU is a precious metal focused global business. Through its ownership of various operating subsidiaries, the company is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney clients located in over 150 countries hold nearly $3 billion in precious metal assets.

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