Galiano Gold Inc (AMEX: GAU)’s stock price has plunge by -0.78relation to previous closing price of 1.28. Nevertheless, the company has seen a 3.25% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-04 that VANCOUVER, BC, Dec. 4, 2024 /PRNewswire/ – Galiano Gold Inc. (“Galiano” or the “Company”) (TSX: GAU) (NYSE American: GAU) is pleased to announce that it has terminated its gold purchase and sale agreement (the “Agreement”) with Red Kite Opportunities Master Fund Limited (“Red Kite”) for total cash consideration of US$13 million. Under the Agreement, the Company had been required to sell 100% of gold production from the Asanko Gold Mine (the “AGM”), up to a maximum of 2.2 million ounces, at a spot price selected by Red Kite during a nine-day quotational period following shipment of gold from the AGM.
Is It Worth Investing in Galiano Gold Inc (AMEX: GAU) Right Now?
Additionally, the 36-month beta value for GAU is 1.06. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for GAU is 195.62M and currently, short sellers hold a 0.26% ratio of that float. The average trading volume of GAU on January 09, 2025 was 653.82K shares.
GAU’s Market Performance
GAU’s stock has seen a 3.25% increase for the week, with a -3.05% drop in the past month and a -5.93% fall in the past quarter. The volatility ratio for the week is 4.89%, and the volatility levels for the past 30 days are at 4.09% for Galiano Gold Inc The simple moving average for the past 20 days is -0.27% for GAU’s stock, with a -17.84% simple moving average for the past 200 days.
GAU Trading at -9.58% 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 -36.50% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 4.89%, as shares sank -3.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.84% lower at present.
During the last 5 trading sessions, GAU rose by +3.25%, which changed the moving average for the period of 200-days by +8.55% in comparison to the 20-day moving average, which settled at $1.2735. In addition, Galiano Gold Inc saw 3.25% 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:
- 0.04 for the present operating margin
- 0.32 for the gross margin
The net margin for Galiano Gold Inc stands at -0.0. The total capital return value is set at 0.02. Equity return is now at value -0.26, with -0.16 for asset returns.
Currently, EBITDA for the company is -5.52 million with net debt to EBITDA at -3.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.49. The receivables turnover for the company is 9.33for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.
Conclusion
In conclusion, Galiano Gold Inc (GAU) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
