Galiano Gold Inc. said Thursday that it signed binding agreements to acquire Gold Fields Ltd. s 45% interest in the Asanko gold mine in Ghana.
Following the transaction, Galiano s project stake.
BMO Capital Markets on Friday upgraded its rating on the shares of Galiano Gold to outperform from hold while raising its price target to C$1.50 from C$1.20 after the company agreed to acquire.
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