Galiano Gold (TSE:GAU) Stock Price Down 0.3% – Here’s Why

Shares of Galiano Gold Inc. (TSE:GAU) fell 0.3% on Friday . The company traded as low as C$3.10 and last traded at C$3.15. 238,993 shares changed hands during trading, a decline of 57% from the average session volume of 559,441 shares. The stock had previously closed at C$3.16.

Galiano Gold Stock Down 0.3%

The firm has a 50-day moving average of C$3.69 and a two-hundred day moving average of C$3.63. The stock has a market capitalization of C$822.23 million, a price-to-earnings ratio of -28.64, a price-to-earnings-growth ratio of 0.15 and a beta of 2.38. The company has a quick ratio of 15.77, a current ratio of 0.92 and a debt-to-equity ratio of 26.20.

Galiano Gold (TSE:GAU) last announced its quarterly earnings data on Thursday, February 12th. The company reported C$0.21 EPS for the quarter. Galiano Gold had a negative return on equity of 13.25% and a negative net margin of 6.45%.The firm had revenue of C$213.44 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.