Galiano Gold Inc (AMEX:GAU) does about 617.36K shares in volume on a normal day but saw 1679457 shares change hands in Monday trading. The company now has a market cap of 377.92M USD. Its current market price is $1.49, marking a decrease of -3.87% compared to the previous close of $1.55. The 52 week high reached by this stock is $1.58 whilst the lowest price level in 52 weeks is $0.52.
Galiano Gold Inc (GAU) has a 20-day trading average at $1.3020 and the current price is -5.70% off the 52-week high compared with 186.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0955 and its 200-day simple moving average is $0.7673. If we look at the stock’s price movements over the week, volatility stands at 8.83%, which decreases to 8.03% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 66.82 to suggest the stock is neutral.
The consensus objective for the share price is $1.89, suggesting that the stock has a potential upside of 21.16% over the period.
Galiano Gold Inc (GAU) stock is up 7.97% over the week and 34.23% over the past month. Its price is 58.53% year-to-date and 138.74% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of -$0.03 below consensus estimates by -$0.05. GAU’s earnings per share are forecast to grow by 141.70% this year and 79.30% over next year.
To reach the target analysts have set, the stock logically needs to grow 21.16 percent from here.
Outstanding shares total 224.97M with insiders holding 26.43% of the shares and institutional holders owning 54.06% of the company’s common stock. The company has a return on investment of 12.98% and return on equity of 13.93%. The price to earnings ratio (P/E ratio) amounts to 12.87 while the forward price to earnings ratio is 2.92. The beta has a value of 1.12. Price to book ratio is 1.67.
