Galiano Gold Inc (AMEX:GAU) does about 1.23M shares in volume on a normal day but saw 1230848 shares change hands in the recent trading day. The company now has a market cap of 391.36M USD. Its current market price is $1.54, marking an increase of 8.45% compared to the previous close of $1.42. The 52 week high reached by this stock is $2.00 whilst the lowest price level in 52 weeks is $0.52.
Galiano Gold Inc (GAU) has a 20-day trading average at $1.5995 and the current price is -23.00% off the 52-week high compared with 196.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.6754 and its 200-day simple moving average is $1.2541. If we look at the stock’s price movements over the week, volatility stands at 7.10%, which increases to 7.24% 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 45.86 to suggest the stock is neutral.
The consensus objective for the share price is $2.69, suggesting that the stock has a potential upside of 42.75% over the period.
1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
Galiano Gold Inc (GAU) stock is up 15.79% over the week and -13.97% over the past month. Its price is 63.85% year-to-date and 148.43% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.05 and 0.2 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $78M.
To reach the target analysts have set, the stock logically needs to grow 42.75 percent from here.
Outstanding shares total 224.97M with insiders holding 23.08% of the shares and institutional holders owning 54.68% of the company’s common stock. The company has a return on investment of 3.58% and return on equity of 4.46%. The price to earnings ratio (P/E ratio) amounts to 40.21 while the forward price to earnings ratio is 2.29. The beta has a value of 1.16. Price to book ratio is 1.64 and price to sales ratio is 4.09.
