Goldmoney (TSE:XAU) Sets New 1-Year High - Here's What Happened

Goldmoney Inc. (TSE:XAU) achieved a new 52-week high on Monday, peaking at C$10.15 before settling at C$10.02, with a trading volume of 7,813 shares. The previous close was recorded at C$10.17.

Goldmoney Stock Down 1.4%

The company's market capitalization stands at C$132.30 million, with a price-to-earnings ratio of -7.32 and a beta of -0.78. Notably, Goldmoney has a debt-to-equity ratio of 26.11. The firm's current and quick ratios are 1.85 and 6.53, respectively. The fifty-day moving average price for the stock is C$9.26, while the two-hundred day moving average price is C$8.30.

Goldmoney posted its latest earnings on July 31st, reporting earnings per share (EPS) of C$0.51 for the quarter. However, the company has faced challenges, showing a negative net margin of 27.72% and a negative return on equity of 11.80%. Revenue for the quarter totaled C$27.24 million. Analysts predict that Goldmoney Inc. will post -0.06 EPS for the upcoming fiscal year.

Insider Activity at Goldmoney

In related news, Director Roy Sebag acquired 10,000 shares of Goldmoney on August 6th, buying them at an average price of C$8.09 per share, valued at a total of C$80,920. Approximately 34.39% of Goldmoney's shares are owned by insiders.

About Goldmoney

Goldmoney Inc. operates in the field of precious metals sales and coin retailing globally. The company has two main segments: Goldmoney.com and Schiff Gold. Through Goldmoney.com, it offers clients access to their holdings of physical precious metals, facilitating the purchase, sale, custody, and storage of these assets. The company also engages in direct sales of physical precious metals in various forms, including bars, coins, and wafers, with direct delivery to clients.

Goldmoney, Stocks, High