Galiano Gold (TSE:GAU) Given New C$2.50 Price Target at BMO Capital Markets

Galiano Gold (TSE:GAU) had its price objective cut by BMO Capital Markets from C$3.50 to C$2.50 in a research report released on Wednesday,BayStreet.CA reports.

Separately, Eight Capital set a C$3.50 price objective on shares of Galiano Gold and gave the company a “buy” rating in a research report on Tuesday, November 19th.

Galiano Gold Stock Performance

Shares of GAU stock opened at C$1.65 on Wednesday. The company has a debt-to-equity ratio of 18.59, a quick ratio of 15.77 and a current ratio of 2.31. Galiano Gold has a 52 week low of C$1.09 and a 52 week high of C$2.73. The company’s 50 day moving average price is C$1.91 and its two-hundred day moving average price is C$2.08. The company has a market capitalization of C$423.92 million, a P/E ratio of 23.57, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05.

About Galiano Gold

Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc and changed its name to Galiano Gold Inc in May 2020.