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Galiano Gold (TSE:GAU) Hits New 52-Week High - Still a Buy?

Galiano Gold logo with Basic Materials background

Key Points

  • Galiano Gold Inc. reached a new 52-week high, trading at C$3.66 during Monday's session, with a total volume of 530,361 shares.
  • The company has a market capitalization of C$938.26 million and significant liquidity, reflected in its quick ratio of 15.77.
  • Insider selling was noted, with Senior Officer Krista Muhr selling 52,333 shares at an average price of C$2.05 recently.
  • Five stocks to consider instead of Galiano Gold.

Galiano Gold Inc. (TSE:GAU - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as C$3.66 and last traded at C$3.66, with a volume of 530361 shares traded. The stock had previously closed at C$3.51.

Galiano Gold Stock Up 2.0%

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 company's 50 day moving average price is C$2.46 and its two-hundred day moving average price is C$2.06. The firm has a market cap of C$907.25 million, a PE ratio of -117.00, a PEG ratio of 0.15 and a beta of 1.63.

Galiano Gold Company Profile

(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.

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