Cormark Analysts Lower Earnings Estimates for Galiano Gold

Galiano Gold Inc. (TSE:GAU - Free Report) - Equities researchers at Cormark reduced their Q1 2025 earnings per share estimates for shares of Galiano Gold in a research note issued on Wednesday, March 19th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.04. Cormark also issued estimates for Galiano Gold's Q4 2025 earnings at $0.13 EPS, FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.83 EPS.

Separately, BMO Capital Markets downgraded shares of Galiano Gold from a "strong-buy" rating to a "hold" rating and dropped their price target for the stock from C$2.50 to C$1.50 in a research note on Wednesday, January 29th.

Galiano Gold Stock Down 2.2 %

Galiano Gold stock traded down C$0.04 during trading hours on Thursday, hitting C$1.75. The company had a trading volume of 47,405 shares, compared to its average volume of 153,142. Galiano Gold has a fifty-two week low of C$1.53 and a fifty-two week high of C$2.73. The company has a debt-to-equity ratio of 17.37, a current ratio of 1.97 and a quick ratio of 15.77. The firm has a market capitalization of C$318.91 million, a P/E ratio of -539.76, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The firm's fifty day moving average is C$1.74 and its 200-day moving average is C$1.90.

Galiano Gold Company Profile

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.