Galiano Gold (TSE:GAU) Stock Rating Upgraded by Freedom Capital

Galiano Gold (TSE:GAU) was upgraded by equities research analysts at Freedom Capital from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Galiano Gold Trading Up 1.0%

Shares of TSE:GAU opened at C$3.12 on Tuesday. Galiano Gold has a 12-month low of C$1.68 and a 12-month high of C$4.91. The company has a market capitalization of C$814.99 million, a PE ratio of 28.36, a PEG ratio of 0.15 and a beta of 2.39. The business has a 50 day moving average of C$3.43 and a two-hundred day moving average of C$3.59. The company has a current ratio of 0.97, a quick ratio of 15.77 and a debt-to-equity ratio of 12.71.

Galiano Gold (TSE:GAU) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.15 earnings per share (EPS) for the quarter. Galiano Gold had a return on equity of 13.11% and a net margin of 5.57%.The company had revenue of C$231.52 million during the quarter.

Galiano Gold Company Profile

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.