Cormark Has Pessimistic View of Galiano Gold Q4 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Research analysts at Cormark decreased their Q4 2025 earnings per share (EPS) estimates for Galiano Gold in a research report issued on Thursday, January 30th. Cormark analyst R. Gray now anticipates that the company will earn $0.10 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Galiano Gold's current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold's FY2027 earnings at $0.61 EPS.

GAU has been the subject of several other reports. BMO Capital Markets downgraded Galiano Gold from an "outperform" rating to a "market perform" rating in a research report on Wednesday, January 29th. HC Wainwright dropped their target price on shares of Galiano Gold from $3.10 to $2.80 and set a "buy" rating for the company in a report on Wednesday, January 29th. Finally, Eight Capital raised shares of Galiano Gold to a "strong-buy" rating in a report on Tuesday, November 19th.

Galiano Gold Price Performance

NYSEAMERICAN GAU traded up $0.03 on Friday, hitting $1.17. 431,383 shares of the company's stock were exchanged, compared to its average volume of 861,163. Galiano Gold has a 52 week low of $0.80 and a 52 week high of $2.00. The stock has a market capitalization of $299.50 million, a PE ratio of -58.25 and a beta of 1.05.

Galiano Gold (NYSEAMERICAN:GAU - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.04. The company had revenue of $71.13 million during the quarter.

Hedge Funds Weigh In On Galiano Gold

A number of institutional investors and hedge funds have recently bought and sold shares of GAU. Donald Smith & CO. Inc. raised its stake in shares of Galiano Gold by 33.3% during the third quarter. Donald Smith & CO. Inc. now owns 23,881,323 shares of the company's stock valued at $33,911,000 after acquiring an additional 5,961,685 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in Galiano Gold during the 3rd quarter worth about $639,000. XTX Topco Ltd bought a new stake in shares of Galiano Gold in the 3rd quarter valued at about $64,000. Marshall Wace LLP increased its stake in shares of Galiano Gold by 208.8% in the second quarter. Marshall Wace LLP now owns 1,498,359 shares of the company's stock valued at $2,577,000 after buying an additional 1,013,141 shares during the period. Finally, Van ECK Associates Corp raised its position in shares of Galiano Gold by 43.3% during the third quarter. Van ECK Associates Corp now owns 6,854,000 shares of the company's stock worth $9,733,000 after acquiring an additional 2,070,000 shares during the last quarter. 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.