Paul Nicholas Wright Acquires 40,000 Shares of Galiano Gold Inc. (TSE:GAU) Stock

Galiano Gold Inc. (TSE:GAU) Director Paul Nicholas Wright acquired 40,000 shares of the company’s stock in a transaction on Tuesday, March 25th. The shares were acquired at an average cost of C$1.23 per share, for a total transaction of C$49,200.00.

Galiano Gold Price Performance

Shares of TSE GAU opened at C$1.82 on Friday. The company has a debt-to-equity ratio of 17.37, a quick ratio of 15.77 and a current ratio of 1.97. Galiano Gold Inc. has a fifty-two week low of C$1.53 and a fifty-two week high of C$2.73. The stock has a market cap of C$331.66 million, a PE ratio of -561.35, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The stock has a fifty day moving average of C$1.75 and a 200-day moving average of C$1.89.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lowered shares of Galiano Gold from a “strong-buy” rating to a “hold” rating and lowered their price target for the company from C$2.50 to C$1.50 in a research report on Wednesday, January 29th.

Galiano Gold Company Profile

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.