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GAU - Galiano Gold: A Strong Finish To FY2020
March, 01 2021 03:34 PM
Galiano Gold Inc.
Galiano Gold is down more than 47% from its 2020 highs, which can mostly be tied to the weakness in the price of gold. Just recently, the company released its FY2020 preliminary results, and the company had a solid Q4, helping Galiano beat its FY2020 guidance. Looking ahead to FY2021, the company is expected a higher-cost year, which could be a minor headwind to margins. At current levels, the valuation is starting to look compelling, and I believe the stock is a Speculative Buy at $1.00. For further details see:
Galiano Gold: A Strong Finish To FY2020
Stock Information
Company Name:
Galiano Gold Inc.
Stock Symbol:
GAU
Market:
NYSE
Website:
galianogold.com
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