Cormark Has Positive Outlook of Galiano Gold FY2026 Earnings

Galiano Gold Inc. (TSE:GAU - Free Report) - Equities research analysts at Cormark lifted their FY2026 earnings per share (EPS) estimates for shares of Galiano Gold in a report issued on Friday, August 15th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.93 per share for the year, up from their previous estimate of $0.88. Cormark also issued estimates for Galiano Gold's FY2027 earnings at $1.08 EPS.

Galiano Gold Stock Performance

GAU traded up C$0.13 on Monday, hitting C$2.90. The company had a trading volume of 1,633,334 shares, compared to its average volume of 188,667. The company's fifty day moving average price is C$2.00 and its 200 day moving average price is C$1.89. Galiano Gold has a 1-year low of C$1.44 and a 1-year high of C$2.94. The company has a debt-to-equity ratio of 17.37, a current ratio of 1.97 and a quick ratio of 15.77. The stock has a market cap of C$528.48 million, a price-to-earnings ratio of -894.45, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05.

Insider Activity at Galiano Gold

In other news, Senior Officer Krista Muhr sold 52,333 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of C$2.05, for a total transaction of C$107,282.65. 23.08% of the stock is currently owned by company insiders.

Galiano Gold Company Profile

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.