Galiano Gold Inc. (TSE:GAU - Free Report) - Investment analysts at Cormark increased their Q3 2024 EPS estimates for shares of Galiano Gold in a research note issued on Wednesday, October 23rd. Cormark analyst R. Gray now expects that the company will post earnings of $0.04 per share for the quarter, up from their prior forecast of $0.01.
Galiano Gold (TSE:GAU - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$87.52 million for the quarter. Galiano Gold had a return on equity of 4.46% and a net margin of 10.14%.
Galiano Gold Price Performance
TSE:GAU traded down C$0.05 during trading hours on Monday, hitting C$2.40. 64,262 shares of the stock traded hands, compared to its average volume of 219,477. The company has a market cap of C$616.61 million, a price-to-earnings ratio of 34.57, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. Galiano Gold has a 1 year low of C$0.71 and a 1 year high of C$2.73. The stock has a 50 day moving average price of C$2.01 and a 200 day moving average price of C$2.19. The company has a quick ratio of 15.77, a current ratio of 2.31 and a debt-to-equity ratio of 18.59.
Insider Activity at Galiano Gold
In other Galiano Gold news, Director Judith Mosely sold 49,500 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$1.81, for a total value of C$89,595.00. 23.08% of the stock is owned by corporate insiders.
Galiano Gold Company Profile
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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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