Equities Analysts Issue Forecasts for Galiano Gold Inc.’s FY2024 Earnings (TSE:GAU)

Galiano Gold Inc. (TSE:GAU) – HC Wainwright issued their FY2024 earnings per share estimates for Galiano Gold in a note issued to investors on Monday, April 29th. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of $0.34 for the year. The consensus estimate for Galiano Gold’s current full-year earnings is $0.37 per share. HC Wainwright also issued estimates for Galiano Gold’s FY2025 earnings at $0.70 EPS.

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

Galiano Gold Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 15.77 and a current ratio of 4.76. Galiano Gold has a 52 week low of C$0.68 and a 52 week high of C$2.35. The company’s fifty day moving average is C$1.78 and its 200 day moving average is C$1.29. The stock has a market capitalization of C$580.45 million, a price-to-earnings ratio of 6.19, a PEG ratio of 0.15 and a beta of 0.96.

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

Insider Activity at Galiano Gold

In related news, Director Michael Price sold 65,100 shares of the company’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. In related news, Director Paul Nicholas Wright acquired 59,500 shares of the stock in a transaction on Tuesday, March 12th. The stock was acquired at an average cost of C$1.18 per share, for a total transaction of C$70,210.00. Also, Director Michael Price sold 65,100 shares of Galiano Gold stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$1.22, for a total value of C$79,096.50. Insiders have acquired a total of 81,985 shares of company stock worth $101,652 in the last 90 days. Company insiders own 26.43% 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.