Galiano Gold Inc. (TSE:GAU - Free Report) - Equities research analysts at Cormark cut their Q4 2024 earnings estimates for Galiano Gold in a note issued to investors on Thursday, January 16th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.12 per share for the quarter, down from their prior forecast of $0.14. Cormark also issued estimates for Galiano Gold's FY2025 earnings at $0.96 EPS.
Several other equities analysts have also issued reports on the company. BMO Capital Markets dropped their price objective on Galiano Gold from C$3.50 to C$2.50 in a report on Wednesday, January 15th. 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.
Read Our Latest Report on Galiano Gold
Galiano Gold Stock Down 1.3 %
Shares of TSE GAU traded down C$0.02 during mid-day trading on Monday, reaching C$1.54. The company had a trading volume of 38,589 shares, compared to its average volume of 116,991. The firm has a 50 day simple moving average of C$1.87 and a two-hundred day simple moving average of C$2.06. Galiano Gold has a 52-week low of C$1.09 and a 52-week high of C$2.73. The company has a current ratio of 2.31, a quick ratio of 15.77 and a debt-to-equity ratio of 18.59. The stock has a market cap of C$395.66 million, a P/E ratio of 22.00, a PEG ratio of 0.15 and a beta of 1.05.
Galiano Gold Company Profile
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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.
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