Goldmoney (OTCMKTS:XAUMF) Shares Down 1.6% – Time to Sell?

Goldmoney Inc. (OTCMKTS:XAUMF – Get Free Report) traded down 1.6% on Friday. The company traded as low as $8.85 and last traded at $8.85. 1,202 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 3,468 shares. The stock had previously closed at $8.99.

Goldmoney Trading Down 1.6%

The stock has a 50-day moving average price of $9.71 and a 200-day moving average price of $10.62.

Goldmoney Company Profile

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Goldmoney Inc is a Canadian financial services company focused on precious metals ownership, storage and wealth management. Through its Goldmoney platform, the company enables individuals and institutions to buy, sell and hold physical gold, silver, platinum and palladium through allocated accounts.

Goldmoney’s services are designed to provide ownership of specific metal holdings rather than exposure solely to precious-metals securities. The company arranges for metals to be stored and insured through an international network of professional vaulting facilities, while its online platform provides account administration and transaction capabilities.

The business traces its origins to GoldMoney, a precious-metals company founded in 2001 by James Turk.

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