Galiano Gold (TSE:GAU) Stock Rating Upgraded by Freedom Capital

Galiano Gold (TSE:GAU) was upgraded by equities researchers at Freedom Capital from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Galiano Gold Stock Up 1.0%

Galiano Gold stock opened at C$3.12 on Tuesday. The stock has a market capitalization of C$814.99 million, a PE ratio of 28.36, a price-to-earnings-growth ratio of 0.15 and a beta of 2.39. Galiano Gold has a 12 month low of C$1.68 and a 12 month high of C$4.91. The business has a 50 day simple moving average of C$3.43 and a 200-day simple moving average of C$3.59. The company has a debt-to-equity ratio of 12.71, a current ratio of 0.97 and a quick ratio of 15.77.

Galiano Gold (TSE:GAU) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$231.52 million during the quarter. Galiano Gold had a return on equity of 13.11% and a net margin of 5.57%.

Galiano Gold Company Profile

Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company owns the Asanko Gold Mine, which is located in Ghana, West Africa. Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities.