Galiano Gold FY2025 EPS Estimate Boosted by HC Wainwright

Galiano Gold Inc. (NYSEAMERICAN:GAU) – HC Wainwright raised their FY2025 earnings per share (EPS) estimates for shares of Galiano Gold in a research report issued to clients and investors on Wednesday, March 19th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.42 per share for the year, up from their prior forecast of $0.40. HC Wainwright has a “Buy” rating and a $2.80 price objective on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Separately, BMO Capital Markets cut Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.

Galiano Gold Stock Performance

Shares of GAU stock opened at $1.31 on Thursday. Galiano Gold has a 12 month low of $1.07 and a 12 month high of $2.00. The stock has a fifty day simple moving average of $1.23. The company has a market capitalization of $336.88 million, a price-to-earnings ratio of -65.50 and a beta of 1.05.

Hedge Funds Weigh In On Galiano Gold

A number of institutional investors have recently bought and sold shares of the business. Banque Cantonale Vaudoise acquired a new position in shares of Galiano Gold in the third quarter valued at $33,000. HighTower Advisors LLC bought a new stake in shares of Galiano Gold during the 3rd quarter worth about $36,000. Sprott Inc. acquired a new position in Galiano Gold in the 4th quarter valued at about $39,000. Dynamic Technology Lab Private Ltd bought a new position in Galiano Gold in the 4th quarter valued at about $54,000. Finally, XTX Topco Ltd acquired a new stake in Galiano Gold during the third quarter worth approximately $64,000. Institutional investors and hedge funds own 66.82% of the company’s stock.

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.