Paul Nicholas Wright Buys 50,000 Shares of Galiano Gold Inc. (TSE:GAU) Stock

Posted by Max Byerly on Jul 5th, 2024

Galiano Gold Inc. (TSE:GAU – Get Free Report) Director Paul Nicholas Wright acquired 50,000 shares of the stock in a transaction on Thursday, January 11th. The shares were bought at an average price of C$1.04 per share, for a total transaction of C$52,000.00.

Paul Nicholas Wright also recently made the following trade(s):

On Monday, May 20th, Paul Nicholas Wright sold 100,000 shares of Galiano Gold stock. The shares were sold at an average price of C$1.72, for a total value of C$172,000.00.

Galiano Gold Price Performance

GAU stock opened at C$2.38 on Friday. The company has a market capitalization of C$604.83 million, a P/E ratio of 29.75, a PEG ratio of 0.15 and a beta of 1.03. The company has a fifty day moving average price of C$2.32 and a 200-day moving average price of C$1.77. The company has a debt-to-equity ratio of 10.81, a quick ratio of 15.77 and a current ratio of 2.49. Galiano Gold Inc. has a 52-week low of C$0.71 and a 52-week high of C$2.58.

Galiano Gold (TSE:GAU – Get Free Report) last announced its earnings results on Thursday, May 2nd. The company reported C($0.03) EPS for the quarter, meeting the consensus estimate of C($0.03). Galiano Gold had a return on equity of 6.24% and a net margin of 40.49%. The business had revenue of C$42.73 million for the quarter. As a group, equities analysts expect that Galiano Gold Inc. will post 0.2255435 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Scotiabank lifted their price objective on shares of Galiano Gold from C$2.00 to C$2.25 in a research note on Thursday, May 23rd. BMO Capital Markets lifted their price target on Galiano Gold from C$1.50 to C$2.25 in a research note on Thursday, March 7th.

Check Out Our Latest Analysis on GAU

About Galiano Gold

(Get Free Report)

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.