In last trading session, Galiano Gold Inc (AMEX:GAU) saw 0.42 million shares changing hands with its beta currently measuring 1.06. Company’s recent per share price level of $1.44 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $370.20M. That closing price of GAU’s stock is at a discount of -38.89% from its 52-week high price of $2.00 and is indicating a premium of 58.33% from its 52-week low price of $0.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.57 million shares which gives us an average trading volume of 712.12K if we extend that period to 3-months.
For Galiano Gold Inc (GAU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.
Galiano Gold Inc (AMEX:GAU) trade information
Galiano Gold Inc’s shares saw a change of 53.21% in year-to-date performance and have moved 3.60% in past 5-day. Galiano Gold Inc (AMEX:GAU) showed a performance of -19.55% in past 30-days. Number of shares sold short was 1.3 million shares which calculate 1.4 days to cover the short interests.
Galiano Gold Inc (GAU) estimates and forecasts
Statistics highlight that Galiano Gold Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -21.74% of value to its shares in past 6 months, showing an annual growth rate of 8.33% while that of industry is 19.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.52% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 101M for the same.
Galiano Gold Inc (AMEX:GAU)’s Major holders
Insiders are in possession of 23.06% of company’s total shares while institution are holding 58.09 percent of that, with stock having share float percentage of 75.51%. Investors also watch the number of corporate investors in a company very closely, which is 58.09% institutions for Galiano Gold Inc that are currently holding shares of the company. EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC is the top institutional holder at GAU for having 36.23 million shares of worth $62.23 million. And as of 2024-06-30, it was holding 15.5136 of the company’s outstanding shares.
The second largest institutional holder is DONALD SMITH & CO., INC., which was holding about 17.92 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.674 of outstanding shares, having a total worth of $30.82 million.
On the other hand, Invesco Gold & Special Minerals Fund and VanEck Funds II-International Investors Gold Fund are the top two Mutual Funds which own company’s shares. As of Jul 31, 2024 , the former fund manager was holding 9.48 shares of worth $13.37 million or 3.69% of the total outstanding shares. The later fund manager was in possession of 6.35 shares on Sep 30, 2024 , making its stake of worth around $8.95 million in the company or a holder of 2.47% of company’s stock.
