Galiano Gold (TSE:GAU - Get Free Report) had its price target lowered by equities research analysts at BMO Capital Markets from C$3.50 to C$2.50 in a research note issued to investors on Wednesday,BayStreet.CA reports. BMO Capital Markets' target price would suggest a potential upside of 51.52% from the company's current price.
Separately, Eight Capital set a C$3.50 target price on shares of Galiano Gold and gave the company a "buy" rating in a research report on Tuesday, November 19th.
View Our Latest Stock Report on GAU
Galiano Gold Stock Performance
TSE:GAU traded down C$0.12 during mid-day trading on Wednesday, hitting C$1.65. 158,547 shares of the stock were exchanged, compared to its average volume of 113,473. The firm's 50-day simple moving average is C$1.91 and its 200 day simple moving average is C$2.08. The stock has a market capitalization of C$423.92 million, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. Galiano Gold has a fifty-two week low of C$1.09 and a fifty-two week high of C$2.73. The company has a debt-to-equity ratio of 18.59, a quick ratio of 15.77 and a current ratio of 2.31.
About Galiano Gold
(
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Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc and changed its name to Galiano Gold Inc in May 2020.
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