Galiano Gold (TSE:GAU) Releases Earnings Results

Galiano Gold (TSE:GAU) released its earnings results on Wednesday. The company reported C$0.15 earnings per share for the quarter, FiscalAI reports. Galiano Gold had a negative return on equity of 13.25% and a negative net margin of 6.45%.The company had revenue of C$231.52 million during the quarter.

Galiano Gold Trading Down 5.8%

Shares of GAU traded down C$0.21 during mid-day trading on Friday, reaching C$3.40. The company’s stock had a trading volume of 60,789 shares, compared to its average volume of 547,444. Galiano Gold has a 52 week low of C$1.68 and a 52 week high of C$4.91. The stock has a market cap of C$887.48 million, a PE ratio of -30.91, a P/E/G ratio of 0.15 and a beta of 2.39. The company’s fifty day moving average price is C$3.52 and its two-hundred day moving average price is C$3.60. 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 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.