FY2026 EPS Estimates for Galiano Gold Lowered by Scotiabank

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Galiano Gold in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Habib now forecasts that the company will earn $0.28 per share for the year, down from their previous estimate of $0.39. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

GAU has been the topic of a number of other reports. HC Wainwright restated a “buy” rating and issued a $2.80 price objective on shares of Galiano Gold in a report on Wednesday, March 19th. BMO Capital Markets downgraded Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Galiano Gold Trading Down 4.6 %

Galiano Gold stock opened at $1.25 on Monday. The stock has a 50-day moving average price of $1.23. The stock has a market cap of $321.45 million, a P/E ratio of -62.50 and a beta of 1.05. Galiano Gold has a 12 month low of $1.07 and a 12 month high of $2.00.

Institutional Investors Weigh In On Galiano Gold

A number of large investors have recently modified their holdings of the stock. Two Sigma Advisers LP grew its stake in shares of Galiano Gold by 11.4% in the fourth quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock valued at $192,000 after buying an additional 16,000 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Galiano Gold by 0.6% in the fourth quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock valued at $3,372,000 after buying an additional 16,677 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Galiano Gold in the third quarter valued at about $33,000. HighTower Advisors LLC acquired a new stake in shares of Galiano Gold in the third quarter valued at about $36,000. Finally, Sprott Inc. acquired a new stake in shares of Galiano Gold in the fourth quarter valued at about $39,000. Institutional investors and hedge funds own 66.82% of the company’s stock.

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.