Galiano Gold Inc (AMEX:GAU) has a beta value of 1.12 and has seen 0.42 million shares traded in the recent trading session. The company, currently valued at $383.00M, closed the recent trade at $1.51 per share which meant it gained $0.02 on the day or 1.34% during that session. The GAU stock price is -5.3% off its 52-week high price of $1.59 and 65.56% above the 52-week low of $0.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.69 million shares traded. The 3-month trading volume is 628.20K shares.
Galiano Gold Inc (AMEX:GAU) trade information
Sporting 1.34% in the green today, the stock has traded in the green over the last five days, when the GAU stock price touched $1.51 or saw a rise of 5.03%. Year-to-date, Galiano Gold Inc shares have moved 60.66%, while the 5-day performance has seen it change 0.67%. Over the past 30 days, the shares of Galiano Gold Inc (AMEX:GAU) have changed 31.30%. Short interest in the company has seen 0.32 million shares shorted with days to cover at 0.56.
Galiano Gold Inc (GAU) estimates and forecasts
Figures show that Galiano Gold Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 175.61% over the past 6 months, with this year growth rate of 125.00%, compared to 1.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -50.00% and 40.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 27.90%.
GAU Dividends
Galiano Gold Inc is expected to release its next earnings report between May 02 and May 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Galiano Gold Inc (AMEX:GAU)’s Major holders
Insiders own 26.43% of the company shares, while shares held by institutions stand at 54.06% with a share float percentage of 73.48%. Investors are also buoyed by the number of investors in a company, with Galiano Gold Inc having a total of 46 institutions that hold shares in the company. The top two institutional holders are Ruffer LLP with over 26.38 million shares worth more than $15.57 million. As of Jun 29, 2023, Ruffer LLP held 11.73% of shares outstanding.
The other major institutional holder is Sun Valley Gold LLC, with the holding of over 22.66 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $13.38 million and represent 10.08% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Franklin Gold and Precious Metals Fund and DFA International Core Equity Portfolio. As of Jul 30, 2023, the former fund manager holds about 3.90% shares in the company for having 8.76 million shares of worth $5.42 million while later fund manager owns 0.74 million shares of worth $0.46 million as of Jul 30, 2023, which makes it owner of about 0.33% of company’s outstanding stock.
