During the last session, Galiano Gold Inc (AMEX:GAU)’s traded shares were 0.48 million, with the beta value of the company hitting 1.07. At the end of the trading day, the stock’s price was $1.49, reflecting an intraday gain of 7.19% or $0.1. The 52-week high for the GAU share is $2.00, that puts it down -34.23 from that peak though still a striking 59.73% gain since the share price plummeted to a 52-week low of $0.60. The company’s market capitalization is $540.12M, and the average intraday trading volume over the past 10 days was 0.84 million shares, and the average trade volume was 714.51K 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 1.33. 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 0.1.

Galiano Gold Inc (AMEX:GAU) trade information

Galiano Gold Inc (GAU) registered a 7.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.19% in intraday trading to $1.49, hitting a weekly high. The stock’s 5-day price performance is 5.67%, and it has moved by -17.68% in 30 days. Based on these gigs, the overall price performance for the year is 145.11%. The short interest in Galiano Gold Inc (AMEX:GAU) is 0.52 million shares and it means that shorts have 0.64 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 down -18.58% during the last six months, with a year-to-date growth rate less than the industry average at 8.33% against 19.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 450.00% this quarter and then jump 500.00% in the quarter after that. In the rating firms’ projections, revenue will increase 2.52% 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 101M as predicted by 1 analyst(s).

While earnings are projected to return 9.52% in 2024.

GAU Dividends

Galiano Gold Inc is due to release its next quarterly earnings in December. 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 23.06% of total outstanding shares while institutional holders control 58.12%, with the float percentage being 75.54%. EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 79.0 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.

Also, the Mutual Funds coming in first place with the largest holdings of Galiano Gold Inc (GAU) shares are Invesco Gold & Special Minerals Fund and Franklin Gold and Precious Metals Fund . Data provided on Jul 31, 2024 indicates that Invesco Gold & Special Minerals Fund owns about 9.48 shares. This amounts to just over 3.69 percent of the company’s overall shares, with a $14.13 million market value. The same data shows that the other fund manager holds slightly less at 5.61, or about 2.18% of the stock, which is worth about $8.37 million.