43,948 Shares in Galiano Gold Inc. (NYSEAMERICAN:GAU) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Galiano Gold Inc. (NYSEAMERICAN:GAUFree Report) during the 4th quarter, Holdings Channel reports. The fund acquired 43,948 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. HighTower Advisors LLC bought a new stake in shares of Galiano Gold in the 3rd quarter worth $36,000. Sprott Inc. purchased a new stake in shares of Galiano Gold during the fourth quarter valued at $39,000. XTX Topco Ltd purchased a new stake in shares of Galiano Gold during the third quarter valued at $64,000. JPMorgan Chase & Co. bought a new stake in Galiano Gold in the 3rd quarter worth about $147,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Galiano Gold in the 3rd quarter worth about $639,000. 66.82% of the stock is currently owned by institutional investors.

Galiano Gold Price Performance

Shares of GAU opened at $1.31 on Friday. The firm has a market capitalization of $336.88 million, a P/E ratio of -65.50 and a beta of 1.05. Galiano Gold Inc. has a one year low of $1.00 and a one year high of $2.00. The business has a fifty day moving average of $1.22 and a 200 day moving average of $1.35.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GAU. HC Wainwright reaffirmed a “buy” rating and set a $2.80 price target on shares of Galiano Gold in a report on Wednesday, March 19th. BMO Capital Markets cut shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Read Our Latest Analysis on GAU

Galiano Gold Profile

(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.

See Also

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Institutional Ownership by Quarter for Galiano Gold (NYSEAMERICAN:GAU)

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