Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Stock analysts at Cormark lifted their FY2025 earnings per share estimates for shares of Galiano Gold in a research note issued on Tuesday, May 6th. Cormark analyst R. Gray now forecasts 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.
A number of other brokerages have also recently issued reports on GAU. BMO Capital Markets cut Galiano Gold from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 29th. HC Wainwright reaffirmed a "buy" rating and issued a $2.80 price objective on shares of Galiano Gold in a research note on Wednesday, March 19th.
View Our Latest Stock Report on Galiano Gold
Galiano Gold Trading Up 9.5 %
Galiano Gold stock traded up $0.14 during midday trading on Thursday, reaching $1.62. The company's stock had a trading volume of 1,111,505 shares, compared to its average volume of 909,779. The stock has a market cap of $416.60 million, a PE ratio of -81.00 and a beta of 1.05. Galiano Gold has a 52 week low of $1.00 and a 52 week high of $2.00. The business has a 50-day moving average price of $1.28 and a 200-day moving average price of $1.35.
Hedge Funds Weigh In On Galiano Gold
Hedge funds have recently made changes to their positions in the stock. Two Sigma Advisers LP increased its holdings in shares of Galiano Gold by 11.4% in the fourth quarter. Two Sigma Advisers LP now owns 155,800 shares of the company's stock worth $192,000 after purchasing an additional 16,000 shares during the period. Renaissance Technologies LLC grew its position in Galiano Gold by 0.6% during the fourth 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 in the last quarter. Sprott Inc. bought a new position in Galiano Gold in the 4th quarter worth about $39,000. Sapient Capital LLC raised its holdings in shares of Galiano Gold by 16.0% in the 1st 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 bought a new stake in shares of Galiano Gold during the 4th quarter valued at about $54,000. 66.82% of the stock is currently owned by hedge funds and other institutional investors.
About Galiano Gold
(
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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.
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