In the latest trading session, 0.5 million Galiano Gold Inc (AMEX:GAU) shares changed hands as the company’s beta touched 0.97. With the company’s most recent per share price at $1.34 changed hands at -$0.06 or -4.34% at last look, the market valuation stands at $344.28M. GAU’s current price is a discount, trading about -49.25% off its 52-week high of $2.00. The share price had its 52-week low at $1.05, which suggests the last value was 21.64% up since then. When we look at Galiano Gold Inc’s average trading volume, we note the 10-day average is 1.0 million shares, with the 3-month average coming to 763.67K.
Analysts gave the Galiano Gold Inc (GAU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GAU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Galiano Gold Inc’s EPS for the current quarter is expected to be 0.06.
Galiano Gold Inc (AMEX:GAU) trade information
Instantly GAU was in red as seen in intraday trades today. With action 8.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.88%, with the 5-day performance at 8.88% in the green. However, in the 30-day time frame, Galiano Gold Inc (AMEX:GAU) is 6.29% up. Looking at the short shares, we see there were 2.09 million shares sold at short interest cover period of 2.63 days.
Galiano Gold Inc (AMEX:GAU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.06% of Galiano Gold Inc shares while 58.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 75.69%. There are 58.24% institutions holding the Galiano Gold Inc stock share, with EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 15.5136% of the shares, roughly 36.23 million GAU shares worth $62.23 million.
DONALD SMITH & CO., INC. holds the second largest percentage of outstanding shares, with 7.674% or 17.92 million shares worth $30.82 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Invesco Gold & Special Minerals Fund and VanEck Funds II-International Investors Gold Fund. With 10.63 shares estimated at $14.08 million under it, the former controlled 4.13% of total outstanding shares. On the other hand, VanEck Funds II-International Investors Gold Fund held about 2.25% of the shares, roughly 5.79 shares worth around $7.68 million.
