HC Wainwright Predicts Galiano Gold FY2026 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – HC Wainwright issued their FY2026 EPS estimates for shares of Galiano Gold in a note issued to investors on Wednesday, March 19th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings per share of $0.61 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 lowered shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.

Galiano Gold Stock Performance

GAU stock opened at $1.31 on Friday. Galiano Gold has a 1-year low of $1.07 and a 1-year high of $2.00. The stock has a 50-day simple moving average of $1.23. The company has a market cap of $336.88 million, a price-to-earnings ratio of -65.50 and a beta of 1.05.

Institutional Investors Weigh In On Galiano Gold

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. raised its stake in shares of Galiano Gold by 7.7% during the 4th quarter. Donald Smith & CO. Inc. now owns 25,708,407 shares of the company’s stock worth $31,621,000 after purchasing an additional 1,827,084 shares during the period. Ruffer LLP grew its position in shares of Galiano Gold by 4.8% during the 4th quarter. Ruffer LLP now owns 18,438,262 shares of the company’s stock valued at $22,960,000 after acquiring an additional 838,300 shares during the period. Renaissance Technologies LLC increased its stake in shares of Galiano Gold by 0.6% during the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock worth $3,372,000 after purchasing an additional 16,677 shares during the last quarter. Aegis Financial Corp raised its holdings in shares of Galiano Gold by 2,154.8% in the 4th quarter. Aegis Financial Corp now owns 2,392,299 shares of the company’s stock worth $2,978,000 after purchasing an additional 2,286,199 shares during the period. Finally, Marshall Wace LLP lifted its stake in Galiano Gold by 20.6% in the fourth quarter. Marshall Wace LLP now owns 1,815,814 shares of the company’s stock valued at $2,233,000 after purchasing an additional 309,781 shares during the last quarter. Institutional investors and hedge funds 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.