Polunin Capital Partners Ltd Makes New $5.17 Million Investment in Galiano Gold Inc. $GAU
Polunin Capital Partners Ltd has made a new investment of $5.17 million in Galiano Gold Inc. (NYSEAMERICAN:GAU), purchasing over 1.86 million shares, which represents about 0.72% of Galiano Gold and is Polunin's 16th largest holding. Analyst sentiment for Galiano Gold is cautiously positive, with a consensus "Moderate Buy" rating and an average price target of $4.25. Galiano Gold is a Canada-based gold exploration company focused on projects in Guyana, and its stock currently trades around $2.56 with a market capitalization of approximately $668 million.