Cormark Has Pessimistic Outlook of Galiano Gold Q1 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at Cormark cut their Q1 2025 EPS estimates for Galiano Gold in a research report issued on Wednesday, March 19th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.09 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.58 EPS.

Several other brokerages also recently weighed in on GAU. BMO Capital Markets downgraded Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th. HC Wainwright reissued a “buy” rating and issued a $2.80 price objective on shares of Galiano Gold in a research note on Wednesday.

Galiano Gold Stock Performance

NYSEAMERICAN GAU opened at $1.25 on Thursday. The stock has a market capitalization of $321.45 million, a price-to-earnings ratio of -62.50 and a beta of 1.05. Galiano Gold has a 52-week low of $1.07 and a 52-week high of $2.00. The business’s 50-day moving average is $1.23.

Institutional Trading of Galiano Gold

Institutional investors have recently modified their holdings of the business. Two Sigma Advisers LP lifted its position in shares of Galiano Gold by 11.4% during the 4th quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock valued at $192,000 after acquiring an additional 16,000 shares during the period. Renaissance Technologies LLC increased its stake in Galiano Gold by 0.6% in the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock valued at $3,372,000 after purchasing an additional 16,677 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in Galiano Gold during the third quarter worth $33,000. HighTower Advisors LLC purchased a new stake in Galiano Gold during the third quarter worth $36,000. Finally, Sprott Inc. acquired a new stake in Galiano Gold in the fourth quarter valued at $39,000. 66.82% of the stock is currently owned by hedge funds and other institutional investors.

About Galiano Gold

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.