Galiano Gold (TSE:GAU) Given New C$2.25 Price Target at Scotiabank

Galiano Gold (TSE:GAU) had its price target upped by Scotiabank from C$2.00 to C$2.25 in a report issued on Thursday, BayStreet.CA reports.

Separately, BMO Capital Markets lifted their target price on Galiano Gold from C$1.50 to C$2.25 in a research report on Thursday, March 7th.

Galiano Gold Price Performance

Galiano Gold stock opened at C$2.42 on Thursday. The stock has a market cap of C$614.99 million, a price-to-earnings ratio of 30.25, a price-to-earnings-growth ratio of 0.15 and a beta of 1.03. The firm has a 50-day moving average of C$2.07 and a two-hundred day moving average of C$1.46. Galiano Gold has a 1 year low of C$0.68 and a 1 year high of C$2.54. The company has a debt-to-equity ratio of 10.81, a current ratio of 2.49 and a quick ratio of 15.77.

Insider Buying and Selling at Galiano Gold

In other news, Senior Officer Krista Muhr sold 93,333 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of C$2.31, for a total value of C$215,319.23. In related news, Senior Officer Krista Muhr sold 93,333 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of C$2.31, for a total value of C$215,319.23. Also, Director Paul Nicholas Wright sold 100,000 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of C$1.72, for a total value of C$172,000.00. In the last quarter, insiders have acquired 81,985 shares of company stock valued at $101,652. Company insiders own 23.42% of the company’s stock.

Galiano Gold Company Profile

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.