Galiano Gold (TSE:GAU) Stock Price Up 2.2% – Should You Buy?

Shares of Galiano Gold Inc. (TSE:GAU) rose 2.2% during mid-day trading on Thursday . The company traded as high as C$3.71 and last traded at C$3.67. Approximately 211,565 shares were traded during trading, a decline of 66% from the average daily volume of 629,446 shares. The stock had previously closed at C$3.59.

Galiano Gold Trading Up 2.2%

The firm has a market capitalization of C$957.96 million, a PE ratio of -33.36, a P/E/G ratio of 0.15 and a beta of 2.38. The business has a 50 day moving average price of C$3.81 and a 200-day moving average price of C$3.63. The company has a current ratio of 0.92, a quick ratio of 15.77 and a debt-to-equity ratio of 26.20.

Galiano Gold (TSE:GAU) last issued its earnings results on Thursday, February 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. Galiano Gold had a negative return on equity of 13.25% and a negative net margin of 6.45%.The business had revenue of C$213.44 million during the quarter.

About Galiano Gold

Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company owns the Asanko Gold Mine, which is located in Ghana, West Africa. Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities.