Galiano Gold FY2025 EPS Estimate Raised by HC Wainwright

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Equities research analysts at HC Wainwright lifted their FY2025 earnings per share estimates for Galiano Gold in a research note issued to investors on Wednesday, January 29th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.40 per share for the year, up from their prior forecast of $0.38. HC Wainwright currently has a “Buy” rating and a $2.80 target price on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

GAU has been the subject of a number of other reports. Eight Capital raised Galiano Gold to a “strong-buy” rating in a report on Tuesday, November 19th. BMO Capital Markets lowered shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Galiano Gold Trading Up 1.8 %

NYSEAMERICAN GAU opened at $1.16 on Monday. The firm has a market capitalization of $298.21 million, a price-to-earnings ratio of -58.00 and a beta of 1.05. Galiano Gold has a 52-week low of $0.80 and a 52-week high of $2.00.

Galiano Gold (NYSEAMERICAN:GAU) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.03 by $0.04. The company had revenue of $71.13 million for the quarter.

Institutional Trading of Galiano Gold

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sapient Capital LLC lifted its position in shares of Galiano Gold by 6.7% during the 3rd quarter. Sapient Capital LLC now owns 247,694 shares of the company’s stock valued at $354,000 after acquiring an additional 15,450 shares during the period. Banque Cantonale Vaudoise bought a new position in Galiano Gold in the 3rd quarter valued at about $33,000. HighTower Advisors LLC acquired a new position in shares of Galiano Gold in the 3rd quarter valued at approximately $36,000. Sprott Inc. bought a new stake in shares of Galiano Gold during the 4th quarter worth approximately $39,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Galiano Gold by 141.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 54,163 shares of the company’s stock valued at $93,000 after purchasing an additional 31,757 shares in the last quarter. 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.