Key Points
- Insider sale: Sean Gregersen sold 37,334 Galiano Gold shares at an average price of C$2.92, generating proceeds of approximately C$109,015.
- Financial performance: Galiano Gold reported quarterly earnings of C$0.13 per share and revenue of C$222.45 million, with a 28.60% return on equity and an 11.96% net margin.
- Analyst outlook: Analysts have a consensus “Buy” rating and an average price target of C$5.50, compared with the stock’s reported opening price of C$3.05.
Galiano Gold Inc. (TSE:GAU - Get Free Report) insider Sean Gregersen sold 37,334 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of C$2.92, for a total value of C$109,015.28.
Galiano Gold Price Performance
Shares of Galiano Gold stock opened at C$3.05 on Thursday. The stock has a market cap of C$797.86 million, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 0.15 and a beta of 2.43. The company has a debt-to-equity ratio of 23.50, a quick ratio of 15.77 and a current ratio of 1.23. The stock has a 50 day moving average price of C$2.73 and a 200-day moving average price of C$3.27. Galiano Gold Inc. has a one year low of C$2.35 and a one year high of C$4.91.
Galiano Gold (TSE:GAU - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. The company had revenue of C$222.45 million for the quarter. Galiano Gold had a return on equity of 28.60% and a net margin of 11.96%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on GAU shares. Freedom Capital raised shares of Galiano Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 19th. Canaccord Genuity Group set a C$5.50 price target on shares of Galiano Gold and gave the stock a "buy" rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Galiano Gold has a consensus rating of "Buy" and an average price target of C$5.50.
Get Our Latest Stock Analysis on GAU
Galiano Gold Company Profile
(
Get Free Report)
Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company owns the Asanko Gold Mine, which is located in Ghana, West Africa. Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities.
Further Reading
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