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Cormark Has Negative Outlook for Galiano Gold Q1 Earnings

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Galiano Gold Inc. (TSE:GAU - Free Report) - Investment analysts at Cormark decreased their Q1 2025 earnings per share estimates for shares of Galiano Gold in a report issued on Thursday, January 30th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.24. Cormark also issued estimates for Galiano Gold's Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.10 EPS, FY2025 earnings at $0.37 EPS and FY2026 earnings at $0.73 EPS.

Galiano Gold (TSE:GAU - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported C$0.10 earnings per share for the quarter, beating analysts' consensus estimates of C$0.04 by C$0.06. Galiano Gold had a return on equity of 4.46% and a net margin of 10.14%. During the same quarter last year, the firm posted $0.07 earnings per share.

A number of other equities research analysts also recently weighed in on the company. Eight Capital set a C$3.50 price target on Galiano Gold and gave the company a "buy" rating in a research report on Tuesday, November 19th. BMO Capital Markets downgraded Galiano Gold from a "strong-buy" rating to a "hold" rating and decreased their target price for the company from C$2.50 to C$1.50 in a report on Wednesday, January 29th.

Check Out Our Latest Stock Report on Galiano Gold

Galiano Gold Price Performance

TSE GAU traded down C$0.05 during trading on Monday, reaching C$1.71. The company's stock had a trading volume of 207,095 shares, compared to its average volume of 193,421. Galiano Gold has a one year low of C$1.10 and a one year 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 stock has a market capitalization of C$439.33 million, a PE ratio of 24.43, a P/E/G ratio of 0.15 and a beta of 1.05. The firm has a fifty day moving average of C$1.78 and a 200 day moving average of C$2.00.

About Galiano Gold

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Galiano Gold (TSE:GAU)

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