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Donald Smith & Co Bolsters Portfolio with Galiano Gold Inc Acquisition

Donald Smith & Co (Trades, Portfolio)., a firm known for its deep-value investment strategy, has recently expanded its portfolio with a significant addition of shares in Galiano Gold Inc. (GAU). This move underscores the firm's commitment to investing in companies with strong potential for earnings growth and tangible book value. The transaction, executed at a price of $0.9399 per share, had a 0.16% impact on the portfolio, bringing the position to 0.55% of Donald Smith & Co (Trades, Portfolio).'s total investments.

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