In a report released today, Ovais Habib from Scotiabank maintained a Hold rating on Galiano Gold (GAU – Research Report), with a price target of C$1.50. The company’s shares closed yesterday at $0.83.
According to TipRanks, Habib is a 2-star analyst with an average return of 0.1% and a 43.39% success rate. Habib covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Lundin Gold, and Argonaut Gold.
Currently, the analyst consensus on Galiano Gold is a Moderate Buy with an average price target of $1.49.
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The company has a one-year high of $0.85 and a one-year low of $0.46. Currently, Galiano Gold has an average volume of 236.6K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GAU in relation to earlier this year.
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Galiano Gold (GAU) Company Description:
Asanko Gold, Inc. is an exploration company. It engages in the acquisition and exploration of mineral resources in West Ghana. The company was founded by Ivan James Bebek and Shawn Kristen Wallace on September 23, 1999 and is headquartered in Vancouver, Canada.
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