Goldmoney (TSE:XAU) Stock Falls 1.3% – Should You Sell?

Goldmoney Inc. (TSE:XAU – Get Free Report) dropped 1.3% during mid-day trading on Thursday. The company traded as low as C$13.00 and last traded at C$13.00. Approximately 5,750 shares were traded during trading, a decline of 54% from the average session volume of 12,421 shares. The stock had previously closed at C$13.17.

Goldmoney Stock Performance

The company has a quick ratio of 6.53, a current ratio of 1.42 and a debt-to-equity ratio of 36.08. The company’s fifty day moving average price is C$13.66 and its two-hundred day moving average price is C$14.79. The firm has a market cap of C$166.45 million, a PE ratio of 2.88 and a beta of 0.87.

Goldmoney (TSE:XAU – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported C$0.34 earnings per share (EPS) for the quarter. Goldmoney had a return on equity of 28.56% and a net margin of 33.29%. The business had revenue of C$23.15 million during the quarter. As a group, sell-side analysts forecast that Goldmoney Inc. will post -0.06 earnings per share for the current fiscal year.

Goldmoney Company Profile

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Goldmoney Inc (TSX: XAU) specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. Goldmoney also maintains diversified interests in property investment and jewelry manufacturing.

Further Reading

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