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Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:30 PM 03/19/15 All times are local (Market data is delayed by at least 15 minutes).

galantas gold corp (GALKF) Snapshot

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01/15/15 - $0.10
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01/14/15 - $0.04
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galantas gold corp (GALKF) Details

Galantas Gold Corporation is engaged 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, lead, sulphur, and iron ores. 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.

7 Employees
Last Reported Date: 04/28/15

galantas gold corp (GALKF) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: C$322.3K
Chief Financial Officer
Total Annual Compensation: C$69.5K
Compensation as of Fiscal Year 2013.

galantas gold corp (GALKF) Key Developments

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.

Galantas Gold Corp. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Galantas Gold Corp. announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net loss per share of CAD 0.05 against CAD 0.01 a year ago. For the nine months, the company reported net loss per share of CAD 0.07 against CAD 0.02 a year ago.

Galantas Gold Corporation Enters into Agreement for Gold Jewellery Premium with TJH Ltd of Dublin

Galantas Gold Corporation announced that an agreement has been entered into for the production, marketing and sale of a range of jewellery products, using Galantas Irish gold. The agreement, with TJH Ltd. of Dublin, Ireland, sees Galantas Irish gold, produced from the Company's Omagh mine, being sold to TJH at a premium to the average monthly London Metal Bullion price, subject to a minimum price, with a royalty on wholesale jewellery sales, payable on a quarterly basis. TJH is an established jewellery marketer and manufacturer, having developed other brands, including Irish oriented brands, previously. The premium, minimum price, royalty and volume are confidential for commercial reasons, at the request of TJH.


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Valuation GALKF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 904.4x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 744.9x

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