Galiano Gold Inc. (TSE:GAU) Director Purchases C$49,200.00 in Stock

Galiano Gold Inc. (TSE:GAU) Director Paul Nicholas Wright bought 40,000 shares of the company’s stock in a transaction dated Tuesday, March 25th. The shares were purchased at an average price of C$1.23 per share, with a total value of C$49,200.00.

Galiano Gold Stock Down 1.1 %

GAU stock opened at C$1.76 on Thursday. The company has a market capitalization of C$320.73 million, a price-to-earnings ratio of -542.84, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The company has a debt-to-equity ratio of 17.37, a quick ratio of 15.77 and a current ratio of 1.97. The business’s 50 day moving average price is C$1.75 and its two-hundred day moving average price is C$1.89. Galiano Gold Inc. has a fifty-two week low of C$1.53 and a fifty-two week high of C$2.73.

Analyst Ratings Changes

Separately, BMO Capital Markets lowered Galiano Gold from a “strong-buy” rating to a “hold” rating and cut their price objective for the stock from C$2.50 to C$1.50 in a research report on Wednesday, January 29th.

Galiano Gold Company Profile

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.