Galiano Gold FY2026 EPS Forecast Increased by HC Wainwright

Key Points

• HC Wainwright has increased its FY2026 earnings per share estimate for Galiano Gold to $0.72, up from a previous forecast of $0.61, maintaining a "Buy" rating with a target price of $3.20.
• Galiano Gold's stock is currently trading at $1.99 with a market cap of $512.88 million, showing a significant variance in trading volume compared to its average of 1,106,866 shares.
• Institutional investors, including American Century Companies Inc. and SBI Securities Co. Ltd., have significantly increased their stakes in Galiano Gold, collectively owning 66.82% of the stock.

Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Analysts at HC Wainwright upped their FY2026 earnings per share (EPS) estimates for shares of Galiano Gold in a research note issued on Thursday, August 14th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.72 per share for the year, up from their prior forecast of $0.61. HC Wainwright has a "Buy" rating and a $3.20 price objective on the stock. The consensus estimate for Galiano Gold's current full-year earnings is $0.08 per share.

Galiano Gold Stock Performance

NYSEAMERICAN GAU traded down $0.02 during trading on Friday, reaching $1.99. 2,169,338 shares of the company's stock were exchanged, compared to its average volume of 1,171,046. The stock has a market cap of $514.38 million, a P/E ratio of -66.31 and a beta of 0.57. The company has a 50 day moving average price of $1.46 and a two-hundred day moving average price of $1.34. Galiano Gold has a 1 year low of $1.00 and a 1 year high of $2.13.

Institutional Trading of Galiano Gold

Institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. lifted its holdings in Galiano Gold by 939.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 25,009 shares of the company's stock worth $32,000 after buying an additional 22,603 shares during the last quarter. American Century Companies Inc. increased its position in shares of Galiano Gold by 25.9% during the second quarter. American Century Companies Inc. now owns 46,431 shares of the company's stock worth $59,000 after purchasing an additional 9,558 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its position in shares of Galiano Gold by 177.0% during the second quarter. Dynamic Technology Lab Private Ltd now owns 46,466 shares of the company's stock worth $59,000 after purchasing an additional 29,690 shares in the last quarter. Sprott Inc. increased its position in shares of Galiano Gold by 55.9% during the first quarter. Sprott Inc. now owns 49,362 shares of the company's stock worth $61,000 after purchasing an additional 17,700 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Galiano Gold during the second quarter worth about $74,000. 66.82% of the stock is owned by hedge funds and other 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.