Cormark Has Strong Forecast for Galiano Gold FY2025 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at Cormark lifted their FY2025 earnings per share estimates for Galiano Gold in a research note issued on Tuesday, May 6th. Cormark analyst R. Gray now expects that the company will earn $0.41 per share for the year, up from their prior estimate of $0.21. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.16 EPS.

GAU has been the subject of a number of other research reports. HC Wainwright reaffirmed a “buy” rating and set a $2.80 target price on shares of Galiano Gold in a research note on Wednesday, March 19th. BMO Capital Markets cut Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.

Galiano Gold Price Performance

Shares of Galiano Gold stock opened at $1.62 on Thursday. Galiano Gold has a 1 year low of $1.00 and a 1 year high of $2.00. The firm has a market cap of $416.60 million, a price-to-earnings ratio of -81.00 and a beta of 1.05. The company has a 50-day moving average of $1.28 and a 200 day moving average of $1.35.

Hedge Funds Weigh In On Galiano Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Two Sigma Advisers LP raised its stake in shares of Galiano Gold by 11.4% during the fourth quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock valued at $192,000 after acquiring an additional 16,000 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Galiano Gold by 0.6% in the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock worth $3,372,000 after buying an additional 16,677 shares during the last quarter. Sprott Inc. bought a new position in shares of Galiano Gold during the 4th quarter worth approximately $39,000. Sapient Capital LLC boosted its stake in Galiano Gold by 16.0% in the first quarter. Sapient Capital LLC now owns 287,394 shares of the company’s stock valued at $353,000 after acquiring an additional 39,700 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Galiano Gold in the fourth quarter worth $54,000. 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.