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Maciej Badylak Sells 123,000 Shares of Galiano Gold (TSE:GAU) Stock

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Key Points

  • Insider Maciej Badylak sold 123,000 shares of Galiano Gold stock for a total of C$386,220.00, reducing his ownership by 42.33%.
  • Galiano Gold shares recently traded at C$3.41, with a market cap of C$881.40 million, and a one-year trading range of C$1.44 to C$3.69.
  • The company operates the Asanko Gold Mine in Ghana and aims for long-term value creation through exploration and financial management.
  • Five stocks to consider instead of Galiano Gold.

Galiano Gold Inc. (TSE:GAU - Get Free Report) insider Maciej Badylak sold 123,000 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of C$3.14, for a total transaction of C$386,220.00. Following the completion of the sale, the insider owned 167,590 shares of the company's stock, valued at C$526,232.60. This trade represents a 42.33% decrease in their position.

Maciej Badylak also recently made the following trade(s):

  • On Wednesday, August 27th, Maciej Badylak sold 50,000 shares of Galiano Gold stock. The shares were sold at an average price of C$2.91, for a total transaction of C$145,500.00.
  • On Tuesday, September 2nd, Maciej Badylak bought 143,000 shares of Galiano Gold stock. The shares were acquired at an average price of C$2.20 per share, with a total value of C$314,600.00.

Galiano Gold Price Performance

TSE:GAU traded down C$0.30 during mid-day trading on Tuesday, hitting C$3.17. 1,849,592 shares of the company's stock traded hands, compared to its average volume of 286,058. The company has a debt-to-equity ratio of 17.37, a quick ratio of 15.77 and a current ratio of 1.97. The firm's 50 day simple moving average is C$2.64 and its 200 day simple moving average is C$2.13. Galiano Gold Inc. has a 1 year low of C$1.44 and a 1 year high of C$3.69. The company has a market cap of C$819.37 million, a PE ratio of -105.67, a price-to-earnings-growth ratio of 0.15 and a beta of 1.63.

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.

Further Reading

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