Goldmoney (TSE:XAU) Trading Up 2.4% – Here’s Why

Goldmoney Inc. (TSE:XAU) shares traded up 2.4% on Thursday . The company traded as high as C$11.54 and last traded at C$11.47. 5,849 shares were traded during mid-day trading, a decline of 51% from the average session volume of 11,834 shares. The stock had previously closed at C$11.20.

Goldmoney Stock Up 2.4%

The company has a quick ratio of 6.53, a current ratio of 1.39 and a debt-to-equity ratio of 24.24. The company’s fifty day moving average price is C$10.62 and its 200-day moving average price is C$10.36. The stock has a market capitalization of C$144.81 million, a PE ratio of 5.21 and a beta of 0.48.

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. The company’s operating subsidiaries include: Goldmoney.com, SchiffGold.com and Lend & Borrow Trust. In addition to the Company’s principal business segments, the Company holds a significant interest in Mene Inc, which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight.