Galiano Gold Inc. (TSE:GAU) Director Paul Nicholas Wright Buys 40,000 Shares

Galiano Gold Inc. (TSE:GAU - Get Free Report) Director Paul Nicholas Wright bought 40,000 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was bought at an average price of C$1.23 per share, with a total value of C$49,200.00.

Galiano Gold Stock Down 1.6 %

TSE:GAU traded down C$0.03 during mid-day trading on Friday, reaching C$1.79. The stock had a trading volume of 45,825 shares, compared to its average volume of 146,025. The company has a debt-to-equity ratio of 17.37, a current ratio of 1.97 and a quick ratio of 15.77. The company has a market capitalization of C$326.20 million, a price-to-earnings ratio of -552.09, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. Galiano Gold Inc. has a 1-year low of C$1.53 and a 1-year high of C$2.73. The stock's 50 day simple moving average is C$1.76 and its two-hundred day simple moving average is C$1.89.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lowered Galiano Gold from a "strong-buy" rating to a "hold" rating and reduced their price objective for the company from C$2.50 to C$1.50 in a research note on Wednesday, January 29th.

Galiano Gold Company Profile

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.