Galiano Gold Inc (AMEX:GAU) price on Friday, February 07, remained unchanged to $1.19.
A look at the stock’s price movement, the close in the last trading session was $1.19, moving within a range at $1.17 and $1.22. The beta value (5-Year monthly) was 1.044. Turning to its 52-week performance, $2.00 and $0.81 were the 52-week high and 52-week low respectively. Overall, GAU moved -7.03% over the past month.
Galiano Gold Inc’s market cap currently stands at around $305.93 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 77M for the company’s revenue for the quarter, with a low and high estimate of 77M and 77M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 250.4M, representing a -2.39% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GAU is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend GAU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GAU’s current price about 1.71% and -5.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.54, while 7-day volatility ratio is 4.98% and 5.77% in the 30-day chart. Further, Galiano Gold Inc (GAU) has a beta value of 1.05, and an average true range (ATR) of 0.06.
If we refocus on Galiano Gold Inc (AMEX:GAU), historical trading data shows that trading volumes averaged 0.87 over the past 10 days and 691.23K over the past 3 months. The company’s latest data on shares outstanding shows there are 256.94 million shares.
The 23.91% of Galiano Gold Inc’s shares are in the hands of company insiders while institutional holders own 54.89% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.25 million on 2025-01-15, giving us a short ratio of 2.2. The data shows that as of 2025-01-15 short interest in Galiano Gold Inc (GAU) stood at 49.0 of shares outstanding, with shares short rising to 1.02 million registered in 2024-12-13. Current price change has pushed the stock -3.25% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GAU stock continues to rise going into the next quarter.
