FY2025 EPS Estimates for Galiano Gold Inc. (TSE:GAU) Boosted by Cormark

Galiano Gold Inc. (TSE:GAU) – Cormark raised their FY2025 earnings per share estimates for Galiano Gold in a research report issued on Monday, May 6th. Cormark analyst R. Gray now forecasts that the company will post earnings of $1.46 per share for the year, up from their previous estimate of $1.30. The consensus estimate for Galiano Gold’s current full-year earnings is $0.37 per share.

Galiano Gold (TSE:GAU) last issued its quarterly earnings results on Friday, February 16th. The company reported C($0.04) earnings per share for the quarter.

Separately, BMO Capital Markets lifted their target price on Galiano Gold from C$1.50 to C$2.25 in a research note on Thursday, March 7th.

Galiano Gold Trading Down 1.3 %

Shares of GAU stock opened at C$2.36 on Wednesday. The stock has a fifty day simple moving average of C$1.87 and a two-hundred day simple moving average of C$1.33. Galiano Gold has a 52-week low of C$0.68 and a 52-week high of C$2.52. The firm has a market capitalization of C$598.19 million, a PE ratio of 6.38, a PEG ratio of 0.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.10, a quick ratio of 15.77 and a current ratio of 4.76.

Insider Buying and Selling at Galiano Gold

In other Galiano Gold news, Director Paul Nicholas Wright purchased 59,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were bought at an average price of C$1.18 per share, with a total value of C$70,210.00. In other Galiano Gold news, Director Michael Price sold 65,100 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of C$1.22, for a total transaction of C$79,096.50. Also, Director Paul Nicholas Wright purchased 59,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were acquired at an average cost of C$1.18 per share, with a total value of C$70,210.00. Insiders bought 81,985 shares of company stock worth $101,652 in the last quarter. 26.43% of the stock is owned by corporate insiders.

About Galiano Gold

Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc and changed its name to Galiano Gold Inc in May 2020.