Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Cormark issued their Q1 2025 EPS estimates for shares of Galiano Gold in a research report issued to clients and investors on Tuesday, April 22nd. Cormark analyst R. Gray anticipates 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.
Other research analysts also recently issued reports about the stock. BMO Capital Markets downgraded 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 set a $2.80 price target on shares of Galiano Gold in a research report on Wednesday, March 19th.
Read Our Latest Analysis on GAU
Galiano Gold Stock Performance
GAU traded down $0.02 during trading on Thursday, reaching $1.35. The stock had a trading volume of 222,335 shares, compared to its average volume of 956,244. The stock has a market cap of $345.88 million, a PE ratio of -67.25 and a beta of 1.05. The business has a 50-day moving average of $1.25 and a 200-day moving average of $1.35. Galiano Gold has a one year low of $1.00 and a one year high of $2.00.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. HighTower Advisors LLC bought a new position in Galiano Gold in the third quarter worth $36,000. Sprott Inc. purchased a new stake in shares of Galiano Gold during the fourth quarter valued at approximately $39,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Galiano Gold during the fourth quarter valued at approximately $54,000. JPMorgan Chase & Co. bought a new position in Galiano Gold in the 3rd quarter valued at approximately $147,000. Finally, Two Sigma Advisers LP increased its holdings in shares of Galiano Gold by 11.4% in the 4th 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 in the last quarter. 66.82% of the stock is owned by hedge funds and other institutional investors.
Galiano Gold Company Profile
(
Get Free Report)
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.
Read More
Before you consider Galiano Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galiano Gold wasn't on the list.
While Galiano Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
