HC Wainwright Weighs in on Galiano Gold FY2026 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU - Free Report) - Equities research analysts at HC Wainwright issued their FY2026 EPS estimates for Galiano Gold in a note issued to investors on Wednesday, March 19th. HC Wainwright analyst H. Ihle expects that the company will post earnings of $0.61 per share for the year. HC Wainwright has a "Buy" rating and a $2.80 price target on the stock. The consensus estimate for Galiano Gold's current full-year earnings is $0.08 per share.

Separately, BMO Capital Markets downgraded Galiano Gold from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 29th.

Galiano Gold Stock Performance

NYSEAMERICAN:GAU remained flat at $1.24 during trading hours on Friday. 550,373 shares of the company's stock were exchanged, compared to its average volume of 1,015,404. The firm has a market capitalization of $318.88 million, a PE ratio of -62.00 and a beta of 1.05. The stock has a 50-day moving average of $1.23. Galiano Gold has a 12 month low of $1.07 and a 12 month high of $2.00.

Institutional Investors Weigh In On Galiano Gold

Several institutional investors have recently bought and sold shares of the business. Banque Cantonale Vaudoise acquired a new position in shares of Galiano Gold during the third quarter worth about $33,000. The Manufacturers Life Insurance Company acquired a new position in Galiano Gold during the 3rd quarter worth approximately $639,000. De Lisle Partners LLP boosted its holdings in Galiano Gold by 14.0% in the 3rd quarter. De Lisle Partners LLP now owns 815,416 shares of the company's stock worth $1,154,000 after acquiring an additional 100,000 shares during the period. HighTower Advisors LLC purchased a new position in Galiano Gold in the 3rd quarter worth approximately $36,000. Finally, XTX Topco Ltd acquired a new stake in Galiano Gold in the third quarter valued at approximately $64,000. 66.82% of the stock is currently owned by hedge funds and other institutional investors.

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Galiano Gold Company Profile

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.