Galiano Gold Inc. (GAU.TO) (TSE:GAU) PT Lowered to C$2.25 at Scotiabank

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Galiano Gold Inc. (GAU.TO) (TSE:GAU) had its target price reduced by Scotiabank from C$2.50 to C$2.25 in a research report released on Monday morning, BayStreet.CA reports.

A number of other equities research analysts have also recently commented on GAU. Berenberg Bank lowered their price target on shares of Galiano Gold Inc. (GAU.TO) from C$3.00 to C$2.70 in a report on Monday, November 9th. Desjardins reaffirmed a buy rating on shares of Galiano Gold Inc. (GAU.TO) in a report on Monday, December 7th.

Shares of Galiano Gold Inc. (GAU.TO) stock opened at C$1.46 on Monday. Galiano Gold Inc. has a one year low of C$0.00 and a one year high of C$2.80. The company has a market cap of C$327.37 million and a price-to-earnings ratio of 0.02. The company has a 50-day moving average price of C$1.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 17.11 and a quick ratio of 16.84.

Galiano Gold Inc. (GAU.TO) (TSE:GAU) last released its quarterly earnings results on Friday, November 6th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.03). On average, sell-side analysts predict that Galiano Gold Inc. will post 0.2 earnings per share for the current fiscal year.

About Galiano Gold Inc. (GAU.TO)

Galiano Gold Inc engages in the exploration, development, and production of gold properties. It operates and manages the Asanko Gold Mine, which is 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. Galiano Gold Inc was incorporated in 1999 and is headquartered in Vancouver, Canada.

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