Galiano Gold Inc. (TSE:GAU - Free Report) - Analysts at HC Wainwright boosted their FY2025 earnings estimates for Galiano Gold in a research note issued on Wednesday, January 29th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.58 per share for the year, up from their previous forecast of $0.55.
A number of other research analysts have also recently commented on the stock. BMO Capital Markets cut shares of Galiano Gold from a "strong-buy" rating to a "hold" rating and reduced their price target for the company from C$2.50 to C$1.50 in a research report on Wednesday, January 29th. Eight Capital set a C$3.50 price target on shares of Galiano Gold and gave the stock a "buy" rating in a research note on Tuesday, November 19th.
Check Out Our Latest Analysis on Galiano Gold
Galiano Gold Price Performance
Shares of TSE GAU traded down C$0.05 during trading hours on Monday, reaching C$1.71. 207,095 shares of the stock traded hands, compared to its average volume of 193,421. The company's 50-day simple moving average is C$1.78 and its two-hundred day simple moving average is C$2.00. The company has a market capitalization of C$439.33 million, a P/E ratio of 24.43, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. Galiano Gold has a 52-week low of C$1.10 and a 52-week high of C$2.73. The company has a quick ratio of 15.77, a current ratio of 2.31 and a debt-to-equity ratio of 18.59.
Galiano Gold (TSE:GAU - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.04 by C$0.06. Galiano Gold had a net margin of 10.14% and a return on equity of 4.46%. During the same quarter in the prior year, the company posted $0.07 earnings per share.
About Galiano Gold
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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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