The stock of Galiano Gold Inc (AMEX: GAU) has decreased by -2.72 when compared to last closing price of 1.47.Despite this, the company has seen a loss of -4.67% in its stock price over the last five trading days. InvestorPlace reported 2024-03-21 that If soaring consumer prices got you down, you may want to consider these value stocks under $20. Sure, the market may be booming during this unique post-pandemic cycle.
Is It Worth Investing in Galiano Gold Inc (AMEX: GAU) Right Now?
The price-to-earnings ratio for Galiano Gold Inc (AMEX: GAU) is 12.35x, which is above its average ratio. Moreover, the 36-month beta value for GAU is 1.11. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GAU is 191.81M and currently, short sellers hold a 0.14% of that float. On April 25, 2024, GAU’s average trading volume was 875.97K shares.
GAU’s Market Performance
GAU’s stock has seen a -4.67% decrease for the week, with a 5.93% rise in the past month and a 63.43% gain in the past quarter. The volatility ratio for the week is 6.55%, and the volatility levels for the past 30 days are at 8.16% for Galiano Gold Inc. The simple moving average for the past 20 days is -2.12% for GAU’s stock, with a 75.20% simple moving average for the past 200 days.
GAU Trading at 16.98% from the 50-Day Moving Average
After a stumble in the market that brought GAU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.63% of loss for the given period.
Volatility was left at 8.16%, however, over the last 30 days, the volatility rate increased by 6.55%, as shares surge +10.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.59% upper at present.
During the last 5 trading sessions, GAU fell by -4.67%, which changed the moving average for the period of 200-days by +148.65% in comparison to the 20-day moving average, which settled at $1.4675. In addition, Galiano Gold Inc saw 52.14% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GAU
The total capital return value is set at 0.09. Equity return is now at value 13.93, with 13.27 for asset returns.
Based on Galiano Gold Inc (GAU), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -14.28. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 1026.65.
Currently, EBITDA for the company is -17.47 million with net debt to EBITDA at -2.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.
Conclusion
To wrap up, the performance of Galiano Gold Inc (GAU) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
