Q1 Earnings Estimate for Galiano Gold Issued By Cormark

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Cormark issued their Q1 2025 earnings per share estimates for shares of Galiano Gold in a research report issued on Tuesday, April 22nd. Cormark analyst R. Gray forecasts that the company will post earnings per share of $0.02 for the quarter. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Several other analysts have also issued reports on the stock. BMO Capital Markets lowered shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th. HC Wainwright restated a “buy” rating and issued a $2.80 price objective on shares of Galiano Gold in a research note on Wednesday, March 19th.

Galiano Gold Stock Down 4.4 %

Shares of NYSEAMERICAN:GAU opened at $1.29 on Thursday. The firm has a market capitalization of $331.74 million, a price-to-earnings ratio of -64.50 and a beta of 1.05. The stock’s 50 day moving average is $1.25 and its 200-day moving average is $1.35. Galiano Gold has a twelve month low of $1.00 and a twelve month high of $2.00.

Hedge Funds Weigh In On Galiano Gold

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new position in shares of Galiano Gold during the 3rd quarter valued at $147,000. HighTower Advisors LLC bought a new stake in Galiano Gold during the third quarter valued at $36,000. Aegis Financial Corp grew its position in Galiano Gold by 2,154.8% during the fourth quarter. Aegis Financial Corp now owns 2,392,299 shares of the company’s stock worth $2,978,000 after buying an additional 2,286,199 shares in the last quarter. Donald Smith & CO. Inc. increased its stake in Galiano Gold by 7.7% in the 4th quarter. Donald Smith & CO. Inc. now owns 25,708,407 shares of the company’s stock worth $31,621,000 after acquiring an additional 1,827,084 shares during the last quarter. Finally, Ruffer LLP raised its holdings in shares of Galiano Gold by 4.8% in the 4th quarter. Ruffer LLP now owns 18,438,262 shares of the company’s stock valued at $22,960,000 after acquiring an additional 838,300 shares in the last quarter. 66.82% of the stock is owned by institutional investors.

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.