Galiano Gold (TSE:GAU) Announces Earnings Results

Galiano Gold (TSE:GAU) posted its quarterly earnings data on Thursday. The company reported C$0.13 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$222.45 million during the quarter. Galiano Gold had a net margin of 5.57% and a return on equity of 13.11%.

Galiano Gold Stock Performance

Galiano Gold stock opened at C$2.73 on Friday. Galiano Gold has a fifty-two week low of C$2.02 and a fifty-two week high of C$4.91. The firm’s 50 day simple moving average is C$2.74 and its 200-day simple moving average is C$3.35. The company has a debt-to-equity ratio of 12.71, a current ratio of 0.97 and a quick ratio of 15.77. The company has a market cap of C$713.11 million, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 0.15 and a beta of 2.43.

Wall Street Analyst Weigh In

Separately, Freedom Capital raised shares of Galiano Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.