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Galiano Gold (GAU) Catches Eye: Stock Jumps 6.6%

Zacks

Galiano Gold Inc. GAU was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $1.1 to $1.27 in the past one month time frame.

The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Galiano Gold currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Asanko Gold Inc. Price

Another stock worth considering in the Mining – Gold industry is Agnico Eagle Mines Limited AEM which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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