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Galiano Gold (GAU) Gets a Buy Rating from H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Galiano Gold (GAUResearch Report) today and set a price target of $2.80. The company’s shares closed last Tuesday at $0.64, close to its 52-week low of $0.60.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 8.0% and a 37.2% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Americas Gold and Silver.

Galiano Gold has an analyst consensus of Moderate Buy, with a price target consensus of $1.58.

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The company has a one-year high of $1.44 and a one-year low of $0.60. Currently, Galiano Gold has an average volume of 449.5K.

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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.

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