Galiano Gold Inc. (TSE:GAU - Get Free Report)'s stock price traded up 5.5% during mid-day trading on Wednesday . The stock traded as high as C$2.10 and last traded at C$2.10. 120,889 shares were traded during mid-day trading, a decline of 21% from the average session volume of 153,921 shares. The stock had previously closed at C$1.99.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Scotiabank upped their price target on Galiano Gold from C$1.20 to C$1.50 and gave the stock a "sector perform" rating in a report on Friday, December 22nd. BMO Capital Markets upped their target price on Galiano Gold from C$1.50 to C$2.25 in a report on Thursday, March 7th.
Read Our Latest Report on GAU
Galiano Gold Stock Up 3.5 %
The firm's fifty day simple moving average is C$1.61 and its 200-day simple moving average is C$1.19. The company has a market cap of C$522.15 million, a PE ratio of 5.57, a P/E/G ratio of 0.15 and a beta of 0.96. The company has a quick ratio of 15.77, a current ratio of 4.76 and a debt-to-equity ratio of 0.10.
Galiano Gold (TSE:GAU - Get Free Report) last posted its earnings results on Friday, February 16th. The company reported C($0.04) earnings per share (EPS) for the quarter. As a group, equities research analysts expect that Galiano Gold Inc. will post 0.3656846 earnings per share for the current fiscal year.
Insider Activity at Galiano Gold
In other news, Director Paul Nicholas Wright bought 59,500 shares of the stock in a transaction on Tuesday, March 12th. The stock was purchased at an average cost of C$1.18 per share, with a total value of C$70,210.00. In other news, Director Michael Price sold 65,100 shares of the company's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of C$1.22, for a total transaction of C$79,096.50. Also, Director Paul Nicholas Wright acquired 59,500 shares of the business's stock in a transaction dated Tuesday, March 12th. The shares were bought at an average price of C$1.18 per share, for a total transaction of C$70,210.00. Over the last 90 days, insiders have bought 81,985 shares of company stock valued at $101,652. Company insiders own 26.43% of the company's stock.
About Galiano Gold
(
Get Free Report)
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.
See Also
Before you consider Galiano Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galiano Gold wasn't on the list.
While Galiano Gold currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
