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Goldmoney Inc. (XAU.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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1.5100-0.0500 (-3.21%)
At close: 03:59PM EDT

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  • c
    chemistry
    anyone still holding this, or have you given up. lol
  • c
    chemistry
    What ever happened to that divi?
    What happened with totenpass...thought they were going to provide an 'update' at that last ER (no mention of it anywhere from what i can tell)?
    Roy also talked about changing the website to free it from "distractions"...thanks bud LOL
  • B
    Barry
    Goldmoney redesigned their website, no mention of Totenpass….appears to be a bust? I never had high hopes anyway. News out next week and Roy will have his yearly update.
  • c
    chemistry
    Another ER that goes out with a whimper!
  • j
    jim
    Worthless company should be shutdown.
    They have do e nothing and I mean nothing to incorporate gold into a means of money.
    Garbage company, garbage management and garbage concept
  • h
    haetae
    Very overlooked company. Everyone is chasing gold mining companies with high capital intensity and speculative value. Goldmoney is a low margin high volume business that would be significantly undervalued if we move into a monetary reset. Why does general public not know about them?
  • J
    Jawad Shuaib
    "Since November, Goldmoney has off-boarded 1 million accounts. Over this same period, we saw a net increase in client assets under custody. We are now well positioned to run our business profitably within the current regulatory regime for fintech." - Roy Sebag
  • T
    Tyler
    Mene just reported record quarterly revenue and operating earnings. They are very close to profitability, which they should achieve in Q4. This is even before the 2021 scaling up of the business referenced by the CEO In the earnings release. This is important news for Goldmoney shareholders. If you combine growing Mene profitability with the strong core earnings already being achieved by Goldmoney, the XAU share price should start to show some life.
  • A
    Ambrocia
    Bought this one @ $3.25 CAD and it never goes up but down.Added @$2.75 and still down.
    If it goes down below $2 without resistance, perhaps it’s time to accept the loss and move on.
  • G
    G3 Lives Matter
    consolidation phase, it looks like we may be in a consolidation phase here, look for a low here in the next week or so, with prices moving up from there, i expect prices to jump in 3 months with their annual earnings and conf. call
  • A
    Ambrocia
    I don’t see much positive comments here. So honest question from a new kid in this trade.
    Is there any chance this will go up sooner or later or longer term whatever you may call it?
    It never went up since I bought it @ $3.25 CAD.
  • S
    SPM
    Totally disagree. A company making money and increasing every month doesn’t drop over 32% in 60 days with low volume.
  • M
    Marcus
    This is not strange. Goldmoney is just very cheap and the market share is now a little over their tangible capital. You still get the core business, 50% of SchiffGold and inter alia 33% of MENE for free.
  • h
    herbert
    Though the basic idea behind the company is sound and laudable...there are grave operational issues and dealing with them as a potential customer is a frustrating experience. I'll stay away till they get a grip on their operations.
  • J
    Jawad Shuaib
    I think they should have done a better job explaining the reasons behind the minimum monthly storage fee. That said, it was the right thing to do. If you follow the audited client assets on the company's website, you will notice that the overall assets have actually increased over the past two months. This shows that, although many of the smaller account holders might have left GoldMoney, it has had a negligible impact on the overall holdings. Moreover, it means GoldMoney can begin focusing on larger more profitable account holders. That bodes well for the overall financial position of the company - which by the way is already excellent. The company is growing fast, but still trading below its book value!
  • M
    Mike
    A sleeping giant ready to rouse and catch everyone by surprise. Gold to Bitcoin and Bitcoin to gold is the wave of the future starting now. Inflation is real and all the bailout money appears to be helping the USA economy as well as the global, but it is an illusion. The cost of good and services is up more than 50% this year. And costs are not going down any time soon. There will be no middle class if the Federal Reserve continues its reckless course of keeping Wall Street afloat and real interest rates perpetually low at the expense of the middle class savers. So XAUMF is a real way to be in gold and BTC for a little safety is this very unsafe world.
  • v
    viktor
    let wait for the next earnings. it should be great in my opinion. share price should be well over 4 dollars cad by now
  • G
    G3 Lives Matter
    what will it take to perk up the share price? the mene spinoff will add millions to xau bottom line. the start of dividend payments after the spinoff. the expansion into china. or maybe more exposure with a brick and mortar in new york. your thoughts please
  • v
    viktor
    nice day to load up with xau. 2.75 . never taught we could see this level again without having a broad market correction /crash. good earnings should push it back up ....will see. the market anticipate bad earning report but I am positive on strong physical metal sales and commissions on high volatility on the metal market