In the past week, GAU stock has gone up by 16.78%, with a monthly gain of 21.79% and a quarterly surge of 89.40%. The volatility ratio for the week is 7.64%, and the volatility levels for the last 30 days are 8.27% for Galiano Gold Inc The simple moving average for the past 20 days is 14.70% for GAU’s stock, with a 105.48% simple moving average for the past 200 days.
Is It Worth Investing in Galiano Gold Inc (AMEX: GAU) Right Now?
Galiano Gold Inc (AMEX: GAU) has a higher price-to-earnings ratio of 14.72x compared to its average ratio. GAU has 36-month beta value of 1.10. Analysts have mixed views 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 0.18% ratio of that float. The average trading volume of GAU on April 29, 2024 was 923.14K shares.
GAU) stock’s latest price update
Galiano Gold Inc (AMEX: GAU)’s stock price has increased by 7.91 compared to its previous closing price of 1.58. However, the company has seen a 16.78% increase in its stock price over the last five trading sessions. 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.
GAU Trading at 35.56% 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 able to rebound, for now settling with 6.56% of gains for the given period.
Volatility was left at 8.27%, however, over the last 30 days, the volatility rate increased by 7.64%, as shares surge +22.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +84.02% upper at present.
During the last 5 trading sessions, GAU rose by +15.75%, which changed the moving average for the period of 200-days by +164.06% in comparison to the 20-day moving average, which settled at $1.5020. In addition, Galiano Gold Inc saw 81.40% 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 put it simply, Galiano Gold Inc (GAU) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
