Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Established in 1996 and headquartered in Toronto, Canada, Galantas Gold Corporation primarily focuses on the sourcing, exploration, and development of gold deposits, with a significant presence in Omagh, Northern Ireland. The company operates a productive open-pit gold mine situated near Omagh, which spans an impressive 189 square kilometers and also yields silver and lead as valuable by-products. Previously known as European Gold Resources Inc., the corporation adopted its current name, Galantas Gold Corporation, in May 2004.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is overpriced on P/E.