Galiano Gold (TSE:GAU – Free Report) had its target price hoisted by Scotiabank from C$2.00 to C$2.25 in a report released on Thursday morning, BayStreet.CA reports.
Separately, BMO Capital Markets increased their price target on shares of Galiano Gold from C$1.50 to C$2.25 in a report on Thursday, March 7th.
Galiano Gold Trading Up 2.1 %
Galiano Gold (TSE:GAU – Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported C($0.03) EPS for the quarter, hitting analysts’ consensus estimates of C($0.03). The firm had revenue of C$42.73 million during the quarter. Galiano Gold had a return on equity of 6.24% and a net margin of 40.49%. Analysts predict that Galiano Gold will post 0.2255435 EPS for the current year.
Insider Activity at Galiano Gold
In other news, Director Paul Nicholas Wright acquired 59,500 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were bought at an average price of C$1.18 per share, for a total transaction of C$70,210.00. In other news, Senior Officer Krista Muhr sold 93,333 shares of the stock in a transaction on Friday, May 17th. The stock was sold at an average price of C$2.31, for a total transaction of C$215,319.23. Also, Director Paul Nicholas Wright acquired 59,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The shares were acquired at an average cost of C$1.18 per share, with a total value of C$70,210.00. In the last three months, insiders have purchased 74,668 shares of company stock valued at $92,872. 23.42% of the stock is owned by corporate insiders.
About Galiano Gold
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.
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