Sean Gregersen Sells 37,334 Shares of Galiano Gold (TSE:GAU) Stock

Galiano Gold Inc. (TSE:GAUGet Free Report) insider Sean Gregersen sold 37,334 shares of the firm’s stock in a transaction dated 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

Galiano Gold stock traded up C$0.19 during midday trading on Wednesday, reaching C$3.02. The company’s stock had a trading volume of 1,831,001 shares, compared to its average volume of 546,551. The company has a current ratio of 1.23, a quick ratio of 15.77 and a debt-to-equity ratio of 23.50. The stock has a market cap of C$790.01 million, a PE ratio of 11.19, a price-to-earnings-growth ratio of 0.15 and a beta of 2.43. Galiano Gold Inc. has a 52 week low of C$2.35 and a 52 week high of C$4.91. The business has a 50-day moving average price of C$2.72 and a 200-day moving average price of C$3.27.

Galiano Gold (TSE:GAUGet Free Report) last posted 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 net margin of 11.96% and a return on equity of 28.60%.

Analyst Ratings Changes

A number of research analysts have recently commented on GAU shares. Canaccord Genuity Group set a C$5.50 price target on Galiano Gold and gave the company a “buy” rating in a research note on Thursday, August 13th. Freedom Capital raised Galiano Gold from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$5.50.

View Our Latest Stock Analysis on Galiano Gold

About Galiano Gold

(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.

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