Galiano Gold (TSE:GAU) Hits New 12-Month High at $1.65

Galiano Gold Inc. (TSE:GAUGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$1.65 and last traded at C$1.57, with a volume of 34252 shares changing hands. The stock had previously closed at C$1.60.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GAU. BMO Capital Markets increased their target price on Galiano Gold from C$1.50 to C$2.25 in a report on Thursday, March 7th. Scotiabank increased their target price on Galiano Gold from C$1.20 to C$1.50 and gave the company a “sector perform” rating in a report on Friday, December 22nd.

Get Our Latest Stock Report on Galiano Gold

Galiano Gold Stock Performance

The business has a fifty day simple moving average of C$1.33 and a two-hundred day simple moving average of C$1.04. The company has a quick ratio of 15.77, a current ratio of 4.76 and a debt-to-equity ratio of 0.10. The company has a market cap of C$395.41 million, a P/E ratio of 4.36, a P/E/G ratio of 0.15 and a beta of 0.96.

Galiano Gold (TSE:GAUGet Free Report) last posted its quarterly earnings data on Friday, February 16th. The company reported C($0.04) EPS for the quarter. On average, sell-side analysts anticipate that Galiano Gold Inc. will post 0.3644647 EPS for the current year.

Insider Transactions at Galiano Gold

In related news, Director Paul Nicholas Wright acquired 59,500 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were purchased at an average price of C$1.18 per share, with a total value of C$70,210.00. In related news, Director Paul Nicholas Wright acquired 59,500 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were purchased at an average price of C$1.18 per share, with a total value of C$70,210.00. Also, Director Michael Price sold 65,100 shares of Galiano Gold stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$1.22, for a total value of C$79,096.50. Insiders have purchased 81,985 shares of company stock valued at $101,652 over the last quarter. 26.43% of the stock is currently owned by company insiders.

About Galiano Gold

(Get Free Report)

Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc and changed its name to Galiano Gold Inc in May 2020.

Further Reading

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