56 institutions hold shares in Galiano Gold Inc. (GAU), with 399.44k shares held by insiders accounting for 0.18% while institutional investors hold 42.75% of the company’s shares. The shares outstanding are 224.20M, and float is at 223.85M with Short Float at 0.97%. Institutions hold 42.67% of the Float.
The top institutional shareholder in the company is Ruffer LLP with over 27.01 million shares valued at $30.53 million. The investor’s holdings represent 12.04% of the GAU Shares outstanding. As of Dec 30, 2020, the second largest holder is Sun Valley Gold LLC with 23.72 million shares valued at $26.8 million to account for 10.57% of the shares outstanding. The other top investors are Franklin Resources, Inc. which holds 12.44 million shares representing 5.54% and valued at over $14.06 million, while Smith (Donald) & Company Inc. holds 4.68% of the shares totaling 10.49 million with a market value of $11.86 million.
Galiano Gold Inc. (AMEX: GAU) is -7.08% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $2.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GAU stock was last observed hovering at around $1.10 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $1.83 for the next 12 months. It is also 63.79% off the consensus price target high of $2.90 offered by 7 analysts, but current levels are 26.57% higher than the price target low of $1.43 for the same period.
Currently trading at $1.05, the stock is -7.65% and -11.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -4.55% at the moment leaves the stock -21.85% off its SMA200. GAU registered 26.93% gain for a year compared to 6-month loss of -23.36%. The firm has a 50-day simple moving average (SMA 50) of $1.1932 and a 200-day simple moving average (SMA200) of $1.2521.
The stock witnessed a -5.41% gain in the last 1 month and extending the period to 3 months gives it a -7.89%, and is -4.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.45% over the week and 7.17% over the month.
Current P/E ratio is 4.10 and Fwd P/E is 7.66. Distance from 52-week low is 35.08% and -50.47% from its 52-week high.
Galiano Gold Inc. (GAU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Galiano Gold Inc. (GAU) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.70, where 3 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Galiano Gold Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 134.30% this year