Shares of Galiano Gold Inc. (TSE:GAU – Get Free Report) shot up 24.1% during mid-day trading on Friday . The company traded as high as C$2.68 and last traded at C$2.68. 836,822 shares changed hands during trading, an increase of 391% from the average session volume of 170,348 shares. The stock had previously closed at C$2.16.
Galiano Gold Stock Performance
The firm has a market capitalization of C$510.25 million, a price-to-earnings ratio of -863.61, a PEG ratio of 0.15 and a beta of 1.05. The company has a current ratio of 1.97, a quick ratio of 15.77 and a debt-to-equity ratio of 17.37. The stock’s 50-day moving average is C$1.95 and its 200-day moving average is C$1.87.
Insider Activity
In other news, Senior Officer Krista Muhr sold 52,333 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of C$2.05, for a total value of C$107,282.65. Company insiders own 23.08% of the company’s stock.
Galiano Gold Company Profile
Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.
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