In a report released today, Jonathan Guy from Berenberg Bank maintained a Buy rating on Galiano Gold (GAU), with a price target of C$2.30. The company’s shares closed last Thursday at $1.30.
According to TipRanks.com, Guy is a 2-star analyst with an average return of 1.4% and a 50.0% success rate. Guy covers the Basic Materials sector, focusing on stocks such as Yamana Gold, FRESNILLO, and Centamin.
Galiano Gold has an analyst consensus of Moderate Buy, with a price target consensus of $2.02.
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Galiano Gold’s market cap is currently $292M and has a P/E ratio of 5.00. The company has a Price to Book ratio of 1.38.
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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.
