Goldmoney (TSE:XAU) Stock Price Up 1.3% - Should You Buy?

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 - ) was up 1.3% on Tuesday . The company traded as high as C$9.30 and last traded at C$9.15. Approximately 2,861 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 4,931 shares. The stock had previously closed at C$9.03.

Goldmoney Stock Performance

The company has a debt-to-equity ratio of 24.24, a current ratio of 1.39 and a quick ratio of 6.53. The firm has a market cap of C$115.31 million, a P/E ratio of 6.40 and a beta of 0.24. The stock's 50 day moving average is C$8.86 and its two-hundred day moving average is C$8.48.

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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