HC Wainwright Weighs in on Galiano Gold FY2025 Earnings

Galiano Gold Inc. (TSE:GAU - Free Report) - Investment analysts at HC Wainwright cut their FY2025 earnings per share (EPS) estimates for Galiano Gold in a research note issued on Thursday, January 16th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.55 per share for the year, down from their previous forecast of $0.64.

GAU has been the subject of several other research reports. BMO Capital Markets decreased their price objective on shares of Galiano Gold from C$3.50 to C$2.50 in a research note on Wednesday. Eight Capital set a C$3.50 target price on Galiano Gold and gave the company a "buy" rating in a research report on Tuesday, November 19th.

Galiano Gold Stock Down 1.3 %

Shares of Galiano Gold stock traded down C$0.02 during trading hours on Friday, hitting C$1.55. The company had a trading volume of 122,203 shares, compared to its average volume of 120,673. The company's 50-day moving average is C$1.89 and its two-hundred day moving average is C$2.07. Galiano Gold has a twelve month low of C$1.09 and a twelve month high of C$2.73. The company has a debt-to-equity ratio of 18.59, a current ratio of 2.31 and a quick ratio of 15.77. The company has a market cap of C$398.23 million, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05.

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.