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Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
GALKF On Other Exchanges
As of 8:10 PM 08/10/15 All times are local (Market data is delayed by at least 15 minutes).

galantas gold corp (GALKF) Snapshot

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galantas gold corp (GALKF) Details

Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It owns and operates a producing open pit gold mine near Omagh, County Tyrone. The mine also produces silver and lead by-products. The company was formerly known as European Gold Resources Inc. and changed its name to Galantas Gold Corporation in May 2004. Galantas Gold Corporation is based in Toronto, Canada.

5 Employees
Last Reported Date: 05/29/15

galantas gold corp (GALKF) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: C$363.8K
Chief Financial Officer
Total Annual Compensation: C$72.2K
Compensation as of Fiscal Year 2014.

galantas gold corp (GALKF) Key Developments

Galantas Gold Announces Exploration Results on its New Licence Areas in the Republic of Ireland

Galantas Gold Corporation announced the results on its new licence areas in the Republic of Ireland (ROI). This ROI licence block lies approximately 33kms from the Galantas Omagh Gold-Mine, which has just received planning permission to extend underground. The latest fieldwork targeted areas within ROI licence numbers 4034, 3135 and 3234. The targets were selected with consideration of the structural geology in conjunction with a review of the EU funded Tellus Border geochemical and geophysical datasets.  Thirty samples were collected in total, thirteen of which yielded notable results. Most interesting were sediments collected from first order and second order streams which drained an upland area situated close to a distinct magnetic anomaly. These showed gold grades of 1.6, 1.9 and 2.5 parts per million (ppm) (g/t).

Galantas Gold Corp. Announces Financial Results for the First Quarter Ended March 31, 2015

Galantas Gold Corp. announced financial results for the first quarter ended March 31, 2015. The net loss for the quarter ended March 31, 2015 amounted to CAD 414,099 which compared with a net Loss of CAD 501,200 for the quarter ended March 31, 2014. Loss before the undernoted CAD 68,874 against CAD 77,234 a year ago. Cash used in operations before changes in non-cash working capital CAD 501,088 against CAD 519,533 a year ago.

Galantas Gold Corporation Announces Consolidated Financial Results for the Year Ended December 31, 2014

Galantas Gold Corporation announced consolidated financial results for the year ended December 31, 2014. The net loss for the year ended December 31, 2014 amounted to CAD 5,264,727 which compared with a net loss of CAD 1,944,355 for the year ended December 31, 2013. Revenue was CAD 8,332 compared to CAD 1,531,473 a year ago. Cash used in operations before changes in non-cash working capital was CAD 1,914,269 compared to CAD 1,351,897 a year ago.


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Price/Sales 825.6x
Price/Book 1.5x
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