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Galiano Gold (TSE:GAU) Stock Price Down 1% - Here's What Happened

Galiano Gold logo with Basic Materials background

Galiano Gold Inc. (TSE:GAU - Get Free Report)'s share price dropped 1% on Thursday . The stock traded as low as C$1.82 and last traded at C$1.90. Approximately 155,592 shares traded hands during trading, an increase of 7% from the average daily volume of 144,947 shares. The stock had previously closed at C$1.92.

Galiano Gold Price Performance

The business's fifty day moving average price is C$1.84 and its 200-day moving average price is C$1.82. The company has a market capitalization of C$337.13 million, a P/E ratio of -570.60, a P/E/G ratio of 0.15 and a beta of 1.05. The company has a current ratio of 1.97, a quick ratio of 15.77 and a debt-to-equity ratio of 17.37.

Insider Transactions at Galiano Gold

In other Galiano Gold news, Director Paul Nicholas Wright acquired 40,000 shares of the stock in a transaction dated Tuesday, March 25th. The stock was purchased at an average cost of C$1.23 per share, for a total transaction of C$49,200.00. Company insiders own 23.08% of the company's stock.

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.

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