Research Analysts Set Expectations for Galiano Gold Inc.’s FY2025 Earnings (TSE:GAU)

Galiano Gold Inc. (TSE:GAU) – Research analysts at HC Wainwright upped their FY2025 EPS estimates for shares of Galiano Gold in a report issued on Monday, August 12th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.95 per share for the year, up from their previous estimate of $0.79. The consensus estimate for Galiano Gold’s current full-year earnings is $0.15 per share.

Separately, Scotiabank raised their target price on Galiano Gold from C$2.00 to C$2.25 in a research report on Thursday, May 23rd.

Galiano Gold Trading Down 3.0 %

Shares of Galiano Gold stock opened at C$1.94 on Wednesday. Galiano Gold has a twelve month low of C$0.71 and a twelve month high of C$2.73. The firm’s 50-day moving average price is C$2.31 and its 200 day moving average price is C$2.00. The company has a current ratio of 2.49, a quick ratio of 15.77 and a debt-to-equity ratio of 10.81. The firm has a market capitalization of C$493.01 million, a PE ratio of 24.25, a P/E/G ratio of 0.15 and a beta of 1.05.

Insider Transactions at Galiano Gold

In related news, Director Paul Nicholas Wright sold 100,000 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of C$1.72, for a total transaction of C$172,000.00. Insiders own 23.17% of the company’s stock.

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.