Goldmoney (TSE:XAU) Reaches New 52-Week High – Time to Buy?

Goldmoney Inc. (TSE:XAU)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$10.15 and last traded at C$10.02, with a volume of 7813 shares traded. The stock had previously closed at C$10.17.

Goldmoney Stock Up 0.5 %

The firm has a market capitalization of C$133.48 million, a P/E ratio of -7.34 and a beta of -0.78. The firm’s 50-day moving average is C$9.33 and its 200 day moving average is C$8.32. The company has a debt-to-equity ratio of 26.11, a quick ratio of 6.53 and a current ratio of 1.85.

Goldmoney (TSE:XAU) last released its quarterly earnings results on Wednesday, July 31st. The company reported C$0.51 earnings per share for the quarter. The firm had revenue of C$27.24 million during the quarter. Goldmoney had a negative return on equity of 11.80% and a negative net margin of 27.72%. As a group, equities research analysts predict that Goldmoney Inc. will post -0.06 EPS for the current fiscal year.

Insider Buying and Selling at Goldmoney

In related news, Director Roy Sebag acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was bought at an average price of C$8.09 per share, for a total transaction of C$80,920.00. Company insiders own 34.39% of the company’s stock.

Goldmoney Company Profile

Goldmoney Inc engages in the precious metals sales, and coin retailing and lending worldwide. The company operates through two segments: Goldmoney.com and Schiff Gold. It operates through Goldmoney.com, an online platform that provides clients with access to their holding to purchase and sell physical precious metals, and arrange for their custody and storage; and deals in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery.