Galiano Gold Inc (AMEX: GAU) has seen a rise in its stock price by 8.45 in relation to its previous close of 1.48. However, the company has experienced a 11.46% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-08 that VANCOUVER, BC, Oct. 8, 2024 /PRNewswire/ – Galiano Gold Inc. (“Galiano” or the “Company”) (TSX: GAU) (NYSE American: GAU) is pleased to announce it will release its Q3 2024 financial and operational results after market close on November 7, 2024. Conference Call Details Replay (available until November 15, 2024) Date: November 8, 2024 Local: (+1) 289-819-1450 Time: 10:30 AM ET (7:30 AM PT) Toll Free: 1-888-660-6345 Dial In: (+1) 437-900-0527 Access Code: 09652 # Toll Free: 1-888-510-2154 The call will be webcast (web link: https://app.webinar.net/gNJWpR3dMkz) and can be accessed at Galiano’s website: www.galianogold.com About Galiano Gold Inc. Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources.
Is It Worth Investing in Galiano Gold Inc (AMEX: GAU) Right Now?
The price-to-earnings ratio for Galiano Gold Inc (AMEX: GAU) is 41.91x, which is above its average ratio. Moreover, the 36-month beta value for GAU is 1.14. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for GAU is 195.34M and currently, short sellers hold a 0.25% of that float. On October 21, 2024, GAU’s average trading volume was 820.88K shares.
GAU’s Market Performance
GAU stock saw an increase of 11.46% in the past week, with a monthly gain of 7.72% and a quarterly increase of -9.83%. The volatility ratio for the week is 5.40%, and the volatility levels for the last 30 days are 4.31% for Galiano Gold Inc (GAU). The simple moving average for the last 20 days is 11.52% for GAU stock, with a simple moving average of 12.33% for the last 200 days.
GAU Trading at 10.12% 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 -19.75% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 5.40%, 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 +19.03% upper at present.
During the last 5 trading sessions, GAU rose by +10.76%, which changed the moving average for the period of 200-days by +73.05% in comparison to the 20-day moving average, which settled at $1.4388. In addition, Galiano Gold Inc saw 70.76% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GAU
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.27 for the gross margin
The net margin for Galiano Gold Inc stands at 0.1. The total capital return value is set at 0.04. Equity return is now at value 4.46, with 2.85 for asset returns.
Based on Galiano Gold Inc (GAU), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 7.76.
Currently, EBITDA for the company is -17.15 million with net debt to EBITDA at -2.97. When we switch over and look at the enterprise to sales, we see a ratio of 3.51. The receivables turnover for the company is 4.91for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
To wrap up, the performance of Galiano Gold Inc (GAU) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
