Equinox Partners Investment Management LLC cut its stake in shares of Galiano Gold Inc. (NYSEAMERICAN:GAU – Free Report) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 13,840,778 shares of the company’s stock after selling 1,866,280 shares during the quarter. Galiano Gold comprises 18.4% of Equinox Partners Investment Management LLC’s holdings, making the stock its biggest position. Equinox Partners Investment Management LLC owned approximately 0.05% of Galiano Gold worth $35,195,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of GAU. Goldman Sachs Group Inc. boosted its stake in shares of Galiano Gold by 13.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 882,962 shares of the company’s stock worth $1,095,000 after acquiring an additional 106,685 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Galiano Gold during the 2nd quarter worth $196,000. American Century Companies Inc. boosted its stake in shares of Galiano Gold by 25.9% during the 2nd quarter. American Century Companies Inc. now owns 46,431 shares of the company’s stock worth $59,000 after acquiring an additional 9,558 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Galiano Gold during the 2nd quarter worth $74,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Galiano Gold during the 2nd quarter worth $185,000. 66.82% of the stock is owned by institutional investors.
Galiano Gold Trading Down 3.1%
Shares of NYSEAMERICAN:GAU opened at $2.20 on Thursday. Galiano Gold Inc. has a 1 year low of $1.22 and a 1 year high of $3.62. The business has a fifty day simple moving average of $2.36 and a 200 day simple moving average of $2.60. The firm has a market cap of $574.66 million, a price-to-earnings ratio of 22.00 and a beta of 0.78.
Analysts Set New Price Targets
Read Our Latest Research Report on GAU
Galiano Gold Profile
Galiano Gold Incorporated is a Canada-based gold exploration and development company listed on the NYSE American under the symbol GAU. The company’s primary focus is the acquisition, exploration and advancement of gold deposits in the Americas. Galiano Gold pursues a value-driven strategy to build gold resources by identifying high-potential projects, conducting systematic drilling programs and advancing resource definition toward a development decision.
Galiano Gold’s flagship asset is the Oko West and Oko East gold project located in the Essequibo region of Guyana, where multiple oxide and primary gold mineralized zones have been outlined through extensive drilling.
Further Reading
- Five stocks we like better than Galiano Gold
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding GAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Galiano Gold Inc. (NYSEAMERICAN:GAU – Free Report).
Receive News & Ratings for Galiano Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galiano Gold and related companies with MarketBeat.com's FREE daily email newsletter.
