Galiano Gold (GAU) to Release Earnings on Thursday

Galiano Gold (TSE:GAU) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.01 per share for the quarter.

Galiano Gold (TSE:GAU) last issued its earnings results on Thursday, August 8th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$87.52 million for the quarter. Galiano Gold had a return on equity of 4.46% and a net margin of 10.14%.

Galiano Gold Stock Performance

Shares of GAU opened at C$2.25 on Tuesday. The firm has a market cap of C$578.07 million, a PE ratio of 32.14, a PEG ratio of 0.15 and a beta of 1.05. The stock’s fifty day moving average price is C$2.04 and its two-hundred day moving average price is C$2.20. The company has a debt-to-equity ratio of 18.59, a current ratio of 2.31 and a quick ratio of 15.77. Galiano Gold has a 1 year low of C$0.71 and a 1 year high of C$2.73.

Insider Activity

In other news, Director Judith Mosely sold 49,500 shares of Galiano Gold stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$1.81, for a total value of C$89,595.00. 23.08% of the stock is owned by company 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.