Paul Nicholas Wright Sells 100,000 Shares of Galiano Gold Inc. (TSE:GAU) Stock

Galiano Gold Inc. (TSE:GAU - Get Free Report) Director Paul Nicholas Wright sold 100,000 shares of Galiano Gold stock in a transaction dated Monday, May 20th. The stock was sold at an average price of C$1.72, for a total value of C$172,000.00.

Paul Nicholas Wright also recently made the following trade(s):

• On Tuesday, March 12th, Paul Nicholas Wright purchased 59,500 shares of Galiano Gold stock. The stock was acquired at an average cost of C$1.18 per share, for a total transaction of C$70,210.00.

Galiano Gold Price Performance

Shares of TSE GAU traded up C$0.15 during trading on Tuesday, reaching C$2.49. The company had a trading volume of 401,864 shares, compared to its average volume of 200,210. Galiano Gold Inc. has a 52 week low of C$0.68 and a 52 week high of C$2.54. The business's 50 day moving average price is C$2.04 and its 200-day moving average price is C$1.44. The stock has a market cap of C$632.78 million, a PE ratio of 31.13, a PEG ratio of 0.15 and a beta of 1.03. The company has a debt-to-equity ratio of 10.81, a quick ratio of 15.77 and a current ratio of 2.49.

Galiano Gold (TSE:GAU - Get Free Report) last posted its quarterly earnings data on Friday, February 16th. The company reported C($0.04) earnings per share for the quarter. Galiano Gold had a return on equity of 6.24% and a net margin of 40.49%. Analysts expect that Galiano Gold Inc. will post 0.3973064 earnings per share for the current year.

Analysts Set New Price Targets

Separately, BMO Capital Markets lifted their price objective on Galiano Gold from C$1.50 to C$2.25 in a report on Thursday, March 7th.

Galiano Gold Company Profile

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.