Stocks in play: Galiano Gold Inc.

Reported its fourth quarter operating and financial results for the Company and the Asanko Gold Mine ("AGM"), located in Ghana, West Africa. The AGM is a 50:50 joint venture ("JV") with Gold Fields Limited ("Gold Fields") which is managed and operated by Galiano. On December 21, 2023, the Company announced it had reached an agreement with Gold Fields to acquire its 45% interest in the AGM. Gold revenue of $59.3 million generated from 30,555 gold ounces sold at an average realized price of $1,942/oz during the fourth quarter. Net income was $3.7 million and Adjusted EBITDA1 of $9.0 million during the fourth quarter. Galiano Gold Inc. shares T.GAU are trading down $0.02 at $1.21.

Read:

• Global Efforts Intensify to Address Surging Young Adult Colorectal and Anal Cancer Rates

• Harnessing AI's $4.4 Trillion Potential Reshapes the Tech Industry Landscape

• Critical Push for US Domestic Nickel Needed to Halt Total Reliance on Questionable Foreign Imports

• How Argentina’s New Power Moves Look to Lure Even More Lithium Interest Towards the Country

• How Recent Biotech Breakthroughs Are Changing the Fight Against Breast Cancer