Galiano Gold (TSE:GAU) PT Raised to C$1.10

Galiano Gold (TSE:GAUGet Rating) had its target price lifted by Berenberg Bank from C$0.80 to C$1.10 in a research report report published on Monday morning, BayStreet.CA reports.

A number of other research analysts have also weighed in on the company. BMO Capital Markets lifted their target price on Galiano Gold from C$0.75 to C$0.90 in a report on Thursday, November 10th. HC Wainwright reaffirmed a buy rating and set a C$2.10 target price on shares of Galiano Gold in a report on Monday.

Galiano Gold Stock Performance

Shares of GAU stock opened at C$0.78 on Monday. The firm’s 50 day moving average is C$0.74 and its 200 day moving average is C$0.67. The stock has a market capitalization of C$175.46 million and a P/E ratio of -1.58. Galiano Gold has a 12 month low of C$0.48 and a 12 month high of C$1.02. The company has a current ratio of 15.99, a quick ratio of 15.77 and a debt-to-equity ratio of 0.23.

Galiano Gold (TSE:GAUGet Rating) last posted its earnings results on Wednesday, November 9th. The company reported C$0.01 earnings per share (EPS) for the quarter. On average, sell-side analysts anticipate that Galiano Gold will post -0.02 earnings per share for the current year.

About Galiano Gold

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Galiano Gold Inc engages in the exploration, development, and production of gold properties. The company's primary asset is the Asanko Gold Mine 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. Galiano Gold Inc was incorporated in 1999 and is headquartered in Vancouver, Canada.

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