Goldmoney (TSE:XAU) Trading Down 2.2% - Should You Sell?

Key Points

• Goldmoney Inc. (TSE:XAU) shares declined by 2.2%, trading between C$8.27 and C$8.40 during mid-day on Tuesday, with a significant increase in trading volume at 30,459 shares.
• The company has a market capitalization of C$109.66 million and a PE ratio of -4.50, indicating financial challenges.
• Goldmoney serves clients in over 150 countries, managing nearly $3 billion in precious metal assets through various operations including sales and storage.

Goldmoney Inc. (TSE:XAU - Get Free Report) shares fell 2.2% on Tuesday . The stock traded as low as C$8.27 and last traded at C$8.40. 30,459 shares were traded during mid-day trading, an increase of 483% from the average session volume of 5,225 shares. The stock had previously closed at C$8.59.

Goldmoney Trading Up 2.5%

The firm has a market capitalization of C$112.54 million, a price-to-earnings ratio of -4.62 and a beta of -0.78. 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 business has a fifty day moving average price of C$8.63 and a 200 day moving average price of C$8.39.

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.