Galiano Gold (GAU) to Release Earnings on Friday

Galiano Gold (NYSEAMERICAN:GAU - Get Free Report) is projected to post its quarterly earnings results before the market opens on Friday, February 21st. Analysts expect Galiano Gold to post earnings of $0.08 per share and revenue of $77.00 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Galiano Gold Stock Down 4.5 %

Shares of Galiano Gold stock traded down $0.06 during midday trading on Monday, hitting $1.26. The company's stock had a trading volume of 805,067 shares, compared to its average volume of 929,639. Galiano Gold has a 1-year low of $0.81 and a 1-year high of $2.00. The stock has a market cap of $324.02 million, a PE ratio of -63.00 and a beta of 1.05.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GAU. BMO Capital Markets lowered Galiano Gold from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 29th. Eight Capital upgraded Galiano Gold to a "strong-buy" rating in a report on Tuesday, November 19th. Finally, HC Wainwright cut their target price on Galiano Gold from $3.10 to $2.80 and set a "buy" rating on the stock in a report on Wednesday, January 29th.

Galiano Gold Company Profile

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.