Goldmoney (TSE:XAU) Shares Down 0.6% - Here's Why

Key Points

• Goldmoney Inc. shares fell by 0.6% to C$10.82 during trading, with trading volume significantly increasing by 346% from the average daily volume.
• The company has a market capitalization of C$137.20 million and operates in the precious metals sector, with nearly $3 billion in client assets across over 150 countries.
• Goldmoney’s financial metrics include a P/E ratio of 7.57, a debt-to-equity ratio of 24.24, and both a quick and current ratio above 1, indicating stable liquidity.

Shares of Goldmoney Inc. (TSE:XAU - ) were down 0.6% during trading on Tuesday . The company traded as low as C$10.78 and last traded at C$10.82. Approximately 25,218 shares changed hands during mid-day trading, an increase of 346% from the average daily volume of 5,655 shares. The stock had previously closed at C$10.89.

Goldmoney Price Performance

The company has a market cap of C$137.20 million, a P/E ratio of 7.57 and a beta of 0.24. 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 stock has a 50-day simple moving average of C$9.30 and a 200 day simple moving average of C$8.68.

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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