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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Metals & Mining Gold
Galiano Gold Inc. owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine (AGM) is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with over 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Abore is located along the haulage road between Obotan and Esaase, over 15 kilometers north of the mill. Miradani North is designed to be mined in two phases to help advance the high-grade ore and manage relocation costs associated with the Tontokrom village to the south. The Asankrangwa gold belt is located within the Kumasi basin. The AGM also owns various exploration licenses across the highly prospective and underexplored Asankrangwa Gold Belt.


TSX:GAU - Post by User

Galiano Gold Inc
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  • nozzpackX
Post by nozzpackon Dec 29, 2023 9:38am
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Post# 35803789

Free Cash Flow Yield of GAU VS Top 10

Free Cash Flow Yield of GAU VS Top 10Free cash flow yield is defined as the FCF per share divided by the share price .

Free cash flow is difficult to manipulate so it is an excellent metric to compare which stocks can return the most to its investors via dividends or additions to the balance sheet which benefit fair value .

In a previous post, I estimated that based on forecast guidance , GAU would free  cash flow $0.56 cad per share in 2024.

GAU will enter 2024 with a share price of about $1.30 so its Free Casah Flow Yield is $0.56 / $1.30 which is 43 % ..stratospheric when compared to these analyst rated top 10 FCF yields of Precious metal stocks for 2024 whose average FCF is just over 10 %,,

https://www.forbes.com/sites/greatspeculations/2023/07/21/top-10-gold-and-precious-metal-mining-stocks-ranked-by-free-cash-flow-yield/?sh=a51ed243adc9

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