Galiano Gold Inc. (TSE:GAU - Free Report) - Research analysts at Cormark increased their Q2 2024 earnings per share estimates for shares of Galiano Gold in a report released on Monday, April 29th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.03. The consensus estimate for Galiano Gold's current full-year earnings is $0.37 per share.
Galiano Gold (TSE:GAU - Get Free Report) last announced its earnings results on Friday, February 16th. The company reported C($0.04) EPS for the quarter.
Separately, BMO Capital Markets boosted their price objective on Galiano Gold from C$1.50 to C$2.25 in a research report on Thursday, March 7th.
Check Out Our Latest Analysis on GAU
Galiano Gold Stock Performance
Galiano Gold stock traded down C$0.03 during trading on Tuesday, reaching C$2.22. The company had a trading volume of 742,564 shares, compared to its average volume of 187,028. Galiano Gold has a 52 week low of C$0.68 and a 52 week high of C$2.35. The firm's 50-day simple moving average is C$1.76 and its 200 day simple moving average is C$1.28. The firm has a market capitalization of C$562.70 million, a price-to-earnings ratio of 6.00, a price-to-earnings-growth ratio of 0.15 and a beta of 0.96. The company has a current ratio of 4.76, a quick ratio of 15.77 and a debt-to-equity ratio of 0.10.
Insider Activity
In other Galiano Gold news, Director Paul Nicholas Wright acquired 59,500 shares of the stock in a transaction dated Tuesday, March 12th. The shares were acquired at an average cost of C$1.18 per share, for a total transaction of C$70,210.00. In other news, Director Michael Price sold 65,100 shares of Galiano Gold stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of C$1.22, for a total value of C$79,096.50. Also, Director Paul Nicholas Wright bought 59,500 shares of Galiano Gold stock in a transaction dated Tuesday, March 12th. The stock was purchased at an average cost of C$1.18 per share, for a total transaction of C$70,210.00. Insiders have acquired 81,985 shares of company stock worth $101,652 over the last ninety days. Corporate insiders own 26.43% of the company's stock.
Galiano Gold Company Profile
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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.
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