HC Wainwright Weighs in on Galiano Gold FY2026 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for shares of Galiano Gold in a report released on Wednesday, March 19th. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of $0.61 for the year. 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 downgraded shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Galiano Gold Stock Down 4.6 %

Shares of GAU opened at $1.25 on Friday. The stock has a market capitalization of $321.45 million, a P/E 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 has a 50-day moving average of $1.23.

Institutional Trading of Galiano Gold

Several institutional investors have recently bought and sold shares of the business. Aegis Financial Corp lifted its position in shares of 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 buying an additional 2,286,199 shares in the last quarter. Donald Smith & CO. Inc. raised its position in Galiano Gold by 7.7% during the fourth quarter. Donald Smith & CO. Inc. now owns 25,708,407 shares of the company’s stock worth $31,621,000 after acquiring an additional 1,827,084 shares during the period. Ruffer LLP lifted its holdings in Galiano Gold by 4.8% during the fourth 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 in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of Galiano Gold in the third quarter valued at about $639,000. Finally, Marshall Wace LLP increased its stake in shares of Galiano Gold by 20.6% during the fourth quarter. Marshall Wace LLP now owns 1,815,814 shares of the company’s stock worth $2,233,000 after purchasing an additional 309,781 shares in the last quarter. 66.82% of the stock is owned by institutional investors and hedge funds.

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.