Canaccord Genuity Group Analysts Give Galiano Gold (TSE:GAU) a C$5.50 Price Target

Canaccord Genuity Group set a C$5.50 price target on Galiano Gold (TSE:GAU – Free Report) in a report published on Thursday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Freedom Capital upgraded Galiano Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Galiano Gold has a consensus rating of “Buy” and a consensus price target of C$5.50.

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Galiano Gold Price Performance

Shares of TSE GAU opened at C$2.92 on Thursday. Galiano Gold has a twelve month low of C$2.35 and a twelve month high of C$4.91. The firm has a market cap of C$763.85 million, a P/E ratio of 10.81, a PEG ratio of 0.15 and a beta of 2.43. The company has a 50 day moving average of C$2.72 and a 200 day moving average of C$3.30. The company has a quick ratio of 15.77, a current ratio of 1.23 and a debt-to-equity ratio of 23.50.

Galiano Gold (TSE:GAU – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) for the quarter. The business 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%.

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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