Gau Gau Gau GAU- Galiano Gold Inc!
Fine Junior Miner, Revenues and profits rolling in, No Debt!
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A Breakout will take this stock to wards $3-5, immediate breakout target $2.15
Galiano Gold Inc (GAU)
1.1900 +0.0400 (+3.48%) 04/20/21 [NYSE Arca]
1.1700 x 10 1.1900 x 5
Post-market 1.1900 unch (unch) 17:32 ET
Quote Overview for Tue, Apr 20th, 2021
Sales and Liquidity
Gold production for the quarter totalled 59,999 ounces with gold sales of 62,925 ounces at an average realized price of $1,757 per ounce, generating gold revenue of $110.6 million for the quarter. Distributions from the AGM to the joint venture partners during the quarter totalled $10.0 million ( $5.0 million to Galiano).
At the end of the quarter, the JV held approximately $59.3 million in unaudited cash (including $15.0 million drawn on the $30 million revolving credit facility), $10.3 million in gold sales receivables and $6.1 million in gold on hand.
Galiano held approximately $65 .0 million in unaudited cash and receivables at quarter-end following receipt of the $5.0 million distribution from the JV. The Company has no debt.
Galiano Gold Reports Preliminary Q1 2021 Operating Results PR Newswire - PRF - Tue Apr 13, 6:00AM CDT
, /PRNewswire/ - (TSX: GAU) (NYSE American: GAU) reports preliminary first quarter ("Q1") operating results from the Asanko Gold Mine ("AGM"), located in , . The AGM is a 50:50 joint venture ("JV")...
GAU.TO : 1.50 (+4.90%)
GAU : 1.1900 (+3.48%)
