Now Is The Time To Build A Position In Galiano Gold Inc (AMEX:GAU)

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In the latest trading session,, 0.6 million Galiano Gold Inc (AMEX:GAU) shares changed hands as the company’s beta touched 0.83. With the company’s most recent per share price at $1.10 changing hands around $0.07 or 6.31% at last look, the market valuation stands at $281.59M. GAU’s current price is a discount, trading about -81.82% off its 52-week high of $2.00. The share price had its 52-week low at $1.00, which suggests the last value was 9.09% up since then. When we look at Galiano Gold Inc’s average trading volume, we note the 10-day average is 0.93 million shares, with the 3-month average coming to 876.28K.

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 -0.0.

Galiano Gold Inc (AMEX:GAU) trade information

Instantly GAU is in green as seen in intraday trades today. With action -4.78%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -10.98%, with the 5-day performance at -4.78% in the red. However, in the 30-day time frame, Galiano Gold Inc (AMEX:GAU) is -10.98% down. Looking at the short shares, we see there were 2.35 million shares sold at short interest cover period of 2.83 days.

Galiano Gold Inc (GAU) estimates and forecasts

Year-over-year growth is forecast to reach 52.89% up from the last financial year. Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 71M. The company’s revenue for the corresponding quarters a year ago was 31.7M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 124.01%. The 2025 estimates are for Galiano Gold Inc earnings to increase by 57.44%, but the outlook for the next 5-year period is at 37.37% per year.

Galiano Gold Inc (AMEX:GAU)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 23.07% of Galiano Gold Inc shares while 58.23% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 75.69%. There are 58.23% 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 Jan 31, 2025 were AIM Sector Fd.s -Invesco Gold & Special Minerals Fd. and VanEck Funds-International Investors Gold Fund . With 10.63 shares estimated at $11.75 million under it, the former controlled 4.13% of total outstanding shares. On the other hand, VanEck Funds-International Investors Gold Fund held about 2.25% of the shares, roughly 5.79 shares worth around $6.4 million.