Goldmoney (TSE:XAU) Trading Up 1.3% - Here's Why

Key Points

• Goldmoney Inc. (TSE:XAU) saw a stock price increase of 1.3%, closing at C$9.15 after trading as high as C$9.30.
• The company has a market capitalization of C$115.31 million and reported a P/E ratio of 6.40, indicating solid value considerations for investors.
• Goldmoney operates as a global business in the precious metals sector, with clients in over 150 countries holding nearly $3 billion in precious metal assets.

Goldmoney Inc. (TSE:XAU - Get Free Report)'s share price shot up 1.3% during trading on Tuesday . The company traded as high as C$9.30 and last traded at C$9.15. 2,861 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 4,931 shares. The stock had previously closed at C$9.03.

Goldmoney Price Performance

The firm has a market capitalization of C$124.76 million, a PE ratio of 6.92 and a beta of 0.24. The stock has a 50-day moving average price of C$8.91 and a 200 day moving average price of C$8.51. The company has a quick ratio of 6.53, a current ratio of 1.39 and a debt-to-equity ratio of 24.24.

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.