FY2024 EPS Estimates for Galiano Gold Cut by HC Wainwright

Galiano Gold Inc. (TSE:GAU) – Analysts at HC Wainwright decreased their FY2024 earnings estimates for Galiano Gold in a report issued on Tuesday, November 12th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.14 for the year, down from their prior estimate of $0.30. HC Wainwright also issued estimates for Galiano Gold’s FY2025 earnings at $0.64 EPS.

Galiano Gold Stock Up 1.0 %

Galiano Gold stock opened at C$2.03 on Thursday. The firm has a 50 day moving average price of C$2.06 and a 200-day moving average price of C$2.20. 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 twelve month low of C$0.75 and a twelve month high of C$2.73. The company has a market capitalization of C$521.55 million, a P/E ratio of 29.00, a P/E/G ratio of 0.15 and a beta of 1.05.

Insider Activity at Galiano Gold

In related news, Director Judith Mosely sold 49,500 shares of Galiano Gold stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of C$1.81, for a total value of C$89,595.00. 23.08% of the stock is owned by company insiders.

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.