Galiano Gold Inc. Forecasted to Earn FY2023 Earnings of $0.25 Per Share (TSE:GAU)

Galiano Gold Inc. (TSE:GAUFree Report) – HC Wainwright upped their FY2023 earnings per share (EPS) estimates for shares of Galiano Gold in a research report issued to clients and investors on Thursday, November 16th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.25 per share for the year, up from their previous forecast of $0.21. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Galiano Gold Stock Down 3.6 %

GAU opened at C$0.81 on Friday. Galiano Gold has a 1 year low of C$0.58 and a 1 year high of C$0.99. The firm has a 50 day moving average price of C$0.80 and a 200 day moving average price of C$0.82. The company has a debt-to-equity ratio of 0.11, a quick ratio of 15.77 and a current ratio of 6.12. The company has a market cap of C$182.22 million, a PE ratio of 2.19, a price-to-earnings-growth ratio of 0.15 and a beta of 0.80.

About Galiano Gold

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Galiano Gold Inc engages in the exploration, development, and production of gold properties. The company's primary asset is the Asanko Gold Mine 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. Galiano Gold Inc was incorporated in 1999 and is headquartered in Vancouver, Canada.

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