Thinking Of Buying Galiano Gold Inc (AMEX: GAU) Stock? Here’s What You Need To Know

Galiano Gold Inc (AMEX:GAU) price on Thursday, April 18, remained unchanged to $1.50.

A look at the stock’s price movement, the close in the last trading session was $1.50. The PE ratio in trailing twelve months stood at 12.95. Turning to its 52-week performance, $1.60 and $0.52 were the 52-week high and 52-week low respectively. Overall, GAU moved 35.14% over the past month.

Galiano Gold Inc’s market cap currently stands at around $380.46 million.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that GAU is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

GAU’s current price about 6.42% and 27.48% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.88, while 7-day volatility ratio is 8.32% and 8.26% in the 30-day chart. Further, Galiano Gold Inc (GAU) has a beta value of 1.10, and an average true range (ATR) of 0.11.

If we refocus on Galiano Gold Inc (AMEX:GAU), historical trading data shows that trading volumes averaged 821.45K over the past 3 months. The company’s latest data on shares outstanding shows there are 224.97 million shares.

The 24.38% of Galiano Gold Inc’s shares are in the hands of company insiders while institutional holders own 47.65% of the company’s shares. Current price change has pushed the stock 59.59% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GAU stock continues to rise going into the next quarter.

Most Popular