Galiano Gold Inc. (TSE:GAU - Free Report) - Analysts at Cormark raised their FY2024 earnings per share (EPS) estimates for Galiano Gold in a research report issued to clients and investors on Monday, November 11th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.32 for the year, up from their previous forecast of $0.15. Cormark also issued estimates for Galiano Gold's Q4 2024 earnings at $0.14 EPS and FY2025 earnings at $0.95 EPS.
Galiano Gold Stock Up 3.0 %
Shares of TSE GAU traded up C$0.06 on Thursday, hitting C$2.07. The company had a trading volume of 25,500 shares, compared to its average volume of 215,368. 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 has a 12-month low of C$0.75 and a 12-month high of C$2.73. The firm has a market capitalization of C$531.82 million, a P/E ratio of 28.71, a PEG ratio of 0.15 and a beta of 1.05. The business has a 50 day moving average of C$2.06 and a two-hundred day moving average of C$2.20.
Insider Buying and Selling
In other news, Director Judith Mosely sold 49,500 shares of the company's stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of C$1.81, for a total value of C$89,595.00. 23.08% of the stock is currently owned by corporate insiders.
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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