FY2025 EPS Estimates for Galiano Gold Decreased by Analyst

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Scotiabank reduced their FY2025 earnings estimates for Galiano Gold in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will earn $0.10 per share for the year, down from their previous forecast of $0.47. The consensus estimate for Galiano Gold’s current full-year earnings is $0.13 per share. Scotiabank also issued estimates for Galiano Gold’s FY2026 earnings at $0.39 EPS.

Other equities research analysts have also recently issued reports about the stock. HC Wainwright boosted their price target on shares of Galiano Gold from $4.20 to $4.60 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Eight Capital upgraded shares of Galiano Gold to a “strong-buy” rating in a report on Tuesday, November 19th.

Galiano Gold Stock Performance

Galiano Gold stock opened at $1.25 on Monday. The stock has a market cap of $321.35 million, a price-to-earnings ratio of -62.50 and a beta of 1.04. Galiano Gold has a 52 week low of $0.80 and a 52 week high of $2.00.

Institutional Trading of Galiano Gold

A number of institutional investors and hedge funds have recently modified their holdings of the company. Banque Cantonale Vaudoise acquired a new stake in Galiano Gold during the third quarter valued at approximately $33,000. HighTower Advisors LLC bought a new position in shares of Galiano Gold in the third quarter valued at about $36,000. National Bank of Canada FI acquired a new position in shares of Galiano Gold during the second quarter worth approximately $59,000. XTX Topco Ltd bought a new position in Galiano Gold in the 3rd quarter valued at $64,000. Finally, Cubist Systematic Strategies LLC increased its position in Galiano Gold by 141.7% in the second quarter. Cubist Systematic Strategies LLC now owns 54,163 shares of the company’s stock worth $93,000 after purchasing an additional 31,757 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.