Galiano Gold Inc (AMEX:GAU) traded at $1.65 at close of the session on Monday, April 29, made an upward move of 4.43% on its previous day’s price.
Looking at the stock we see that its previous close was $1.58. The company has a trailing 12-month PE ratio of 14.25. In terms of its 52-week price range, GAU has a high of $1.60 and a low of $0.52. The company’s stock has gained about 17.86% over that past 30 days.
Galiano Gold Inc has a market cap of $418.51 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.02, with the EPS growth for the year raised at $0.28 for 2024 and $0.51 for next year. These figures represent 133.30% and 82.10% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $66 million, with a low of $66 million and a high of $66 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $332.43 million, or 29.60% up from figures reported last year.
On the other hand, looking at the outlook for the GAU stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 11.00% off its SMA20 and 31.19% from its 50-day simple moving average. The RSI (14) is pointing at 68.91 while the volatility over the past week is 7.71% and jumps to 8.20% over the past one month. The beta value is 1.10, while the average true range (ATR) is currently pointing at 0.11.
Coming back to Galiano Gold Inc (AMEX:GAU), we note that the average 3-month trading volume was 923.14K. Current shares outstanding are 224.97 million.
The insiders hold 24.38% of the company’s shares while institutions hold 46.01%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 75.55% up in year-to-date price movement.
