Galiano Gold Inc. (TSE:GAU – Get Free Report)’s share price shot up 24.1% on Friday . The stock traded as high as C$2.68 and last traded at C$2.68. 836,822 shares were traded during mid-day 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 Price Performance
The company has a market cap of C$510.25 million, a P/E ratio of -863.61, a P/E/G ratio of 0.15 and a beta of 1.05. The company has a debt-to-equity ratio of 17.37, a quick ratio of 15.77 and a current ratio of 1.97. The firm’s fifty day moving average is C$1.95 and its two-hundred day moving average is C$1.87.
Insiders Place Their Bets
In related news, Senior Officer Krista Muhr sold 52,333 shares of the company’s stock in a transaction on Friday, June 13th. The shares were sold at an average price of C$2.05, for a total value of C$107,282.65. Corporate 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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