Galiano Gold price target raised to $4.30 from $2.20 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on Galiano Gold to $4.30 from $2.20 and keeps a Buy rating on the shares following the Q1 operating results. Given the ongoing strength in gold and silver pricing, the firm updated its forward-looking precious metal price deck.