Galiano Gold Inc. (AMEX:GAU) shares traded 5.12% higher at $0.61 on Wall Street last session.
In accordance with the data, 4 analysts cover Galiano Gold Inc. (AMEX:GAU). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $2.10 and a low of $0.67, we find $0.78. Given the previous closing price of $0.58, this indicates a potential upside of 34.48 percent. GAU stock price is now 11.18% away from the 50-day moving average and 27.37% away from the 200-day moving average. The market capitalization of the company currently stands at $134.88M.
It has been rated a hold by 2 analysts and a buy by 2. Brokers who have rated the stock have averaged $1.08 as their price target over the next twelve months.
, while ‘BMO Capital Markets’ rates the stock as ‘Underperform’.
A total of 3.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GAU stock. In total, there are 48 active investors with 63.00% ownership of the company’s stock.
Galiano Gold Inc. (AMEX: GAU) opened at $0.5860 on Tuesday. During the past 12 months, Galiano Gold Inc. has had a low of $0.36 and a high of $0.79. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 16.00, and a quick ratio of 16.00. The fifty day moving average price for GAU is $0.5484 and a two-hundred day moving average price translates $0.4791 for the stock.
The latest earnings results from Galiano Gold Inc. (AMEX: GAU) was released for Jun, 2022. According to the Gold Company, earnings per share came in at $0.06, beating analysts’ expectations of $0.02 by 0.04. This compares to $0.02 EPS in the same period last year. The company reported revenue of $2.39 million for the quarter, compared to $-1.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -224.54 percent.
Galiano Gold Inc.(GAU) Company Profile
Galiano Gold Inc. engages in the exploration, development, and production of gold properties. The company’s primary asset is the Asanko Gold Mine 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. Galiano Gold Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.