During the last session, Galiano Gold Inc (AMEX:GAU)’s traded shares were 0.32 million, with the beta value of the company hitting 1.11. At the end of the trading day, the stock’s price was $1.69, reflecting an intraday loss of -1.17% or -$0.02. The 52-week high for the GAU share is $2.00, that puts it down -18.34 from that peak though still a striking 69.23% gain since the share price plummeted to a 52-week low of $0.52. The company’s market capitalization is $609.40M, and the average intraday trading volume over the past 10 days was 1.19 million shares, and the average trade volume was 836.58K shares over the past three months.
Galiano Gold Inc (GAU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. GAU has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.03.
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Galiano Gold Inc (AMEX:GAU) trade information
Galiano Gold Inc (GAU) registered a -1.17% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.17% in intraday trading to $1.69, hitting a weekly high. The stock’s 5-day price performance is -3.98%, and it has moved by 20.71% in 30 days. Based on these gigs, the overall price performance for the year is 225.00%. The short interest in Galiano Gold Inc (AMEX:GAU) is 0.5 million shares and it means that shorts have 0.86 day(s) to cover.
Galiano Gold Inc (GAU) estimates and forecasts
Statistics show that Galiano Gold Inc has underperformed its competitors in share price, compared to the industry in which it operates. Galiano Gold Inc (GAU) shares have gone up 2.42% during the last six months, with a year-to-date growth rate less than the industry average at 8.33% against 21.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -40.00% this quarter and then jump 233.30% in the quarter after that. In the rating firms’ projections, revenue will increase 3.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 78M as predicted by 1 analyst(s).
While earnings are projected to return -6.09% in 2024.
GAU Dividends
Galiano Gold Inc is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Galiano Gold Inc (AMEX:GAU)’s Major holders
Galiano Gold Inc insiders own 23.08% of total outstanding shares while institutional holders control 56.09%, with the float percentage being 72.92%. EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 72.0 institutions own stock in it. As of 2024-06-30, the company held over 36.23 million shares (or 15.5136% of all shares), a total value of $62.23 million in shares.
The next largest institutional holding, with 17.92 million shares, is of DONALD SMITH & CO., INC.’s that is approximately 7.674% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $30.82 million.
