Galiano Gold (TSE:GAU) Stock Price Up 2.2% – Still a Buy?

Galiano Gold Inc. (TSE:GAU)’s stock price rose 2.2% on Thursday . The stock traded as high as C$3.71 and last traded at C$3.67. Approximately 211,565 shares changed hands 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 Price Performance

The company has a debt-to-equity ratio of 26.20, a quick ratio of 15.77 and a current ratio of 0.92. The firm has a market cap of C$973.62 million, a price-to-earnings ratio of -33.91, a price-to-earnings-growth ratio of 0.15 and a beta of 2.38. The company’s fifty day moving average is C$3.81 and its two-hundred day moving average is C$3.63.

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

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.