Donald Smith & Co. Increases Stake in Galiano Gold Inc.
This transaction, executed at a price of $1.42 per share, increased the firm's total holdings in Galiano Gold to 23,881,323 shares. This move not only reflects the firm's confidence in Galiano Gold but also marks a substantial impact on its portfolio, with the trade representing a 0.86% position and making up 9.30% of the firm's holdings in the stock. Founded by Donald G. Smith, who served as the Chief Investment Officer until 2019, Donald Smith & Co (Trades, Portfolio).