Analysts Set Expectations for Galiano Gold Inc.’s FY2025 Earnings (NYSEAMERICAN:GAU)

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at Cormark upped their FY2025 earnings per share (EPS) estimates for shares of Galiano Gold in a report issued 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 previous forecast 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.

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

A number of other equities research analysts have also weighed in on GAU. HC Wainwright lifted their target price on Galiano Gold from $4.30 to $4.40 and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets boosted their price target on shares of Galiano Gold from $1.50 to $2.25 and gave the company an “outperform” rating in a report on Thursday, March 7th.

Galiano Gold Stock Performance

GAU stock opened at $1.75 on Wednesday. Galiano Gold has a 12 month low of $0.52 and a 12 month high of $1.85. The stock has a market cap of $443.87 million, a PE ratio of 35.00 and a beta of 1.08. The business’s 50-day moving average price is $0.61.

Hedge Funds Weigh In On Galiano Gold

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

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.