Galiano Gold Inc. (NYSEAMERICAN:GAU) Forecasted to Post FY2025 Earnings of $1.07 Per Share

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Research analysts at Cormark upped their FY2025 earnings per share (EPS) estimates for Galiano Gold in a note issued to investors on Monday, May 6th. Cormark analyst R. Gray now expects that the company will earn $1.07 per share for the year, up from their prior estimate of $0.94. The consensus estimate for Galiano Gold’s current full-year earnings is $0.27 per share. Cormark also issued estimates for Galiano Gold’s FY2026 earnings at $0.62 EPS.

GAU has been the subject of several other reports. HC Wainwright lifted their price target on shares of Galiano Gold from $4.30 to $4.40 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets lifted their target price on shares of Galiano Gold from $1.50 to $2.25 and gave the company an “outperform” rating in a research note on Thursday, March 7th.

Galiano Gold Price Performance

Shares of NYSEAMERICAN:GAU opened at $1.71 on Wednesday. The firm has a fifty day moving average price of $0.61. Galiano Gold has a 52 week low of $0.52 and a 52 week high of $1.85. The firm has a market cap of $433.72 million, a P/E ratio of 34.20 and a beta of 1.08.

Galiano Gold (NYSEAMERICAN:GAU) last announced its quarterly earnings results on Thursday, May 2nd. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $31.70 million during the quarter.

Institutional Trading of Galiano Gold

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Equinox Partners Investment Management LLC grew its holdings in shares of Galiano Gold by 60.5% during the fourth quarter. Equinox Partners Investment Management LLC now owns 35,563,436 shares of the company’s stock worth $32,762,000 after buying an additional 13,402,496 shares in the last quarter. Donald Smith & CO. Inc. grew its stake in shares of Galiano Gold by 39.3% during the 4th quarter. Donald Smith & CO. Inc. now owns 17,089,969 shares of the company’s stock worth $16,063,000 after acquiring an additional 4,817,585 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of Galiano Gold in the fourth quarter valued at approximately $1,500,000. Finally, Sapient Capital LLC acquired a new stake in shares of Galiano Gold in the first quarter valued at approximately $279,000. 66.82% of the stock is owned by institutional investors.

Galiano Gold Company Profile

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.