Cormark Issues Optimistic Outlook for Galiano Gold Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Equities researchers at Cormark lifted their Q2 2025 earnings estimates for Galiano Gold in a note issued to investors on Tuesday, May 6th. Cormark analyst R. Gray now anticipates that the company will earn $0.10 per share for the quarter, up from their previous estimate of $0.05. The consensus estimate for Galiano Gold's current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold's Q3 2025 earnings at $0.13 EPS.

Several other analysts have also commented on the company. BMO Capital Markets lowered Galiano Gold from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 29th. HC Wainwright reissued a "buy" rating and issued a $2.80 price target on shares of Galiano Gold in a report on Wednesday, March 19th.

Galiano Gold Stock Performance

GAU stock traded down $0.15 during midday trading on Wednesday, reaching $1.48. The stock had a trading volume of 659,143 shares, compared to its average volume of 908,822. The firm has a fifty day simple moving average of $1.28 and a two-hundred day simple moving average of $1.35. Galiano Gold has a 52-week low of $1.00 and a 52-week high of $2.00. The stock has a market cap of $379.31 million, a PE ratio of -74.00 and a beta of 1.05.

Institutional Trading of Galiano Gold

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new position in shares of Galiano Gold in the 3rd quarter valued at $147,000. Marshall Wace LLP grew its position in shares of Galiano Gold by 20.6% during the 4th quarter. Marshall Wace LLP now owns 1,815,814 shares of the company's stock valued at $2,233,000 after buying an additional 309,781 shares during the last quarter. Aegis Financial Corp boosted its stake in Galiano Gold by 2,154.8% during the 4th quarter. Aegis Financial Corp now owns 2,392,299 shares of the company's stock valued at $2,978,000 after purchasing an additional 2,286,199 shares during the period. Donald Smith & CO. Inc. boosted its stake in Galiano Gold by 7.7% during the 4th quarter. Donald Smith & CO. Inc. now owns 25,708,407 shares of the company's stock valued at $31,621,000 after purchasing an additional 1,827,084 shares during the period. Finally, Ruffer LLP boosted its stake in Galiano Gold by 4.8% during the 4th quarter. Ruffer LLP now owns 18,438,262 shares of the company's stock valued at $22,960,000 after purchasing an additional 838,300 shares during the period. 66.82% of the stock is currently owned by institutional investors and hedge funds.

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.