Cormark Comments on Galiano Gold's FY2025 Earnings (TSE:GAU)

Galiano Gold Inc. (TSE:GAU - Free Report) - Stock analysts at Cormark decreased their FY2025 earnings per share estimates for shares of Galiano Gold in a note issued to investors on Wednesday, March 19th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.30 for the year, down from their prior estimate of $0.37.

Separately, BMO Capital Markets lowered shares of Galiano Gold from a "strong-buy" rating to a "hold" rating and reduced their target price for the company from C$2.50 to C$1.50 in a report on Wednesday, January 29th.

Galiano Gold Price Performance

Shares of GAU stock traded up C$0.03 during trading hours on Friday, hitting C$1.78. 72,863 shares of the company's stock were exchanged, compared to its average volume of 151,758. The company has a market capitalization of C$324.38 million, a PE ratio of -549.01, a PEG ratio of 0.15 and a beta of 1.05. The company has a current ratio of 1.97, a quick ratio of 15.77 and a debt-to-equity ratio of 17.37. Galiano Gold has a 12-month low of C$1.53 and a 12-month high of C$2.73. The business's 50 day simple moving average is C$1.75 and its 200-day simple moving average is C$1.90.

About Galiano Gold

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.