Galiano Gold (TSE:GAU) Upgraded to “Strong-Buy” at Freedom Capital

Freedom Capital upgraded shares of Galiano Gold (TSE:GAUFree Report) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Galiano Gold Trading Up 1.0%

Shares of Galiano Gold stock opened at C$3.12 on Tuesday. Galiano Gold has a 1-year low of C$1.68 and a 1-year high of C$4.91. The stock has a market cap of C$814.99 million, a P/E ratio of 28.36, a P/E/G ratio of 0.15 and a beta of 2.39. The stock’s 50 day simple moving average is C$3.43 and its 200-day simple moving average is C$3.59. The company has a debt-to-equity ratio of 12.71, a current ratio of 0.97 and a quick ratio of 15.77.

Galiano Gold (TSE:GAUGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$0.15 EPS for the quarter. Galiano Gold had a return on equity of 13.11% and a net margin of 5.57%.The firm had revenue of C$231.52 million for the quarter.

About Galiano Gold

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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.

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