Galiano Gold Inc (GAU): What Is Good About Stock?

Galiano Gold Inc (AMEX:GAU) has a beta value of 1.10 and has seen 0.57 million shares traded in the recent trading session. The company, currently valued at $452.33M, closed the recent trade at $1.78 per share which meant it gained $0.07 on the day or 4.09% during that session. The GAU stock price is -6.74% off its 52-week high price of $1.90 and 70.79% above the 52-week low of $0.52. The 3-month trading volume is 1.55 million shares.

Galiano Gold Inc (AMEX:GAU) trade information

Sporting 4.09% in the green today, the stock has traded in the green over the last five days, when the GAU stock price touched $1.78 or saw a rise of 1.11%. Year-to-date, Galiano Gold Inc shares have moved 89.37%, while the 5-day performance has seen it change 2.88%. Over the past 30 days, the shares of Galiano Gold Inc (AMEX:GAU) have changed 0.56%.

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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 90.36% over the past 6 months, with this year growth rate of 116.67%, compared to 17.00% for the industry. Revenue growth from the last financial year stood is estimated to be 20.90%.

GAU Dividends

Galiano Gold Inc is expected to release its next earnings report in August 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 23.17% of the company shares, while shares held by institutions stand at 51.90% with a share float percentage of 67.56%. Investors are also buoyed by the number of investors in a company, with Galiano Gold Inc having a total of 61 institutions that hold shares in the company. The top two institutional holders are Equinox Partners Investment Management, LLC with over 36.23 shares worth more than $64.19 million. As of Mar 31, 2024, Equinox Partners Investment Management, LLC held 14.17% of shares outstanding.

The other major institutional holder is Ruffer LLP, with the holding of over 24.29 shares as of Mar 31, 2024. The firm’s total holdings are worth over $43.04 million and represent 9.50% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Franklin Gold and Precious Metals Fund and Invesco Gold & Special Minerals Fund. As of Jan 31, 2024, the former fund manager holds about 2.26% shares in the company for having 5.76 shares of worth $10.21 million while later fund manager owns 1.72 shares of worth $3.05 million as of Apr 30, 2024, which makes it owner of about 0.67% of company’s outstanding stock.