Cormark Has Negative Forecast for Galiano Gold Q1 Earnings

Galiano Gold Inc. (TSE:GAU) – Cormark reduced their Q1 2025 EPS estimates for shares of Galiano Gold in a note issued to investors on Wednesday, March 19th. Cormark analyst R. Gray now expects that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.04. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.13 EPS, FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.83 EPS.

Separately, BMO Capital Markets downgraded Galiano Gold from a “strong-buy” rating to a “hold” rating and reduced their target price for the stock from C$2.50 to C$1.50 in a research note on Wednesday, January 29th.

Galiano Gold Trading Down 5.3 %

Galiano Gold stock opened at C$1.79 on Thursday. The stock has a 50-day simple moving average of C$1.74 and a 200 day simple moving average of C$1.90. The stock has a market capitalization of C$326.20 million, a P/E ratio of -552.09, a PEG ratio of 0.15 and a beta of 1.05. The company has a debt-to-equity ratio of 17.37, a quick ratio of 15.77 and a current ratio of 1.97. Galiano Gold has a 52 week low of C$1.53 and a 52 week high of C$2.73.

About Galiano Gold

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.