Galiano Gold Inc. (TSE:GAU - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.51 and last traded at C$1.51, with a volume of 93261 shares changing hands. The stock had previously closed at C$1.64.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets lowered shares of Galiano Gold from a "strong-buy" rating to a "hold" rating and cut their target price for the stock from C$2.50 to C$1.50 in a research report on Wednesday, January 29th.
View Our Latest Research Report on Galiano Gold
Galiano Gold Price Performance
The business's fifty day simple moving average is C$1.75 and its 200-day simple moving average is C$1.87. The company has a current ratio of 1.97, a quick ratio of 15.77 and a debt-to-equity ratio of 17.37. The firm has a market cap of C$300.69 million, a P/E ratio of -508.91, a PEG ratio of 0.15 and a beta of 1.05.
Insider Activity at Galiano Gold
In other news, Director Paul Nicholas Wright bought 40,000 shares of the stock in a transaction on Tuesday, March 25th. The shares were acquired at an average cost of C$1.23 per share, for a total transaction of C$49,200.00. 23.08% of the stock is currently owned by corporate insiders.
About Galiano Gold
(
Get Free Report)
Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.
Featured Stories
Before you consider Galiano Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galiano Gold wasn't on the list.
While Galiano Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.