Cormark Has Bearish Estimate for Galiano Gold Q1 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at Cormark reduced their Q1 2025 earnings per share estimates for Galiano Gold in a report released on Wednesday, March 19th. Cormark analyst R. Gray now expects that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.09 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.58 EPS.

Several other analysts have also weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $2.80 price objective on shares of Galiano Gold in a research note on Wednesday. BMO Capital Markets cut shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Galiano Gold Stock Performance

Shares of Galiano Gold stock opened at $1.34 on Thursday. The stock’s 50-day simple moving average is $1.23. Galiano Gold has a 1-year low of $1.07 and a 1-year high of $2.00. The firm has a market cap of $344.59 million, a P/E ratio of -67.00 and a beta of 1.05.

Institutional Trading of Galiano Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of GAU. Two Sigma Advisers LP lifted its holdings in shares of Galiano Gold by 11.4% in the fourth quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock valued at $192,000 after purchasing an additional 16,000 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Galiano Gold by 0.6% during the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock valued at $3,372,000 after acquiring an additional 16,677 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in Galiano Gold during the 3rd quarter valued at $33,000. HighTower Advisors LLC purchased a new position in Galiano Gold during the 3rd quarter worth $36,000. Finally, Sprott Inc. bought a new stake in shares of Galiano Gold in the 4th quarter worth $39,000. Institutional investors own 66.82% of the company’s stock.

About Galiano Gold

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.