What is Cormark’s Forecast for Galiano Gold Q4 Earnings?

Galiano Gold Inc. (TSE:GAU) – Investment analysts at Cormark decreased their Q4 2024 EPS estimates for shares of Galiano Gold in a report issued on Thursday, January 16th. Cormark analyst R. Gray now anticipates that the company will earn $0.12 per share for the quarter, down from their previous forecast of $0.14. Cormark also issued estimates for Galiano Gold’s FY2025 earnings at $0.96 EPS.

Other research analysts have also issued reports about the stock. Eight Capital set a C$3.50 price objective on shares of Galiano Gold and gave the stock a “buy” rating in a report on Tuesday, November 19th. BMO Capital Markets cut their price target on shares of Galiano Gold from C$3.50 to C$2.50 in a report on Wednesday, January 15th.

Galiano Gold Trading Down 1.3 %

Shares of GAU stock opened at C$1.54 on Monday. The firm has a market cap of C$395.66 million, a P/E ratio of 22.00, a PEG ratio of 0.15 and a beta of 1.05. Galiano Gold has a 1-year low of C$1.09 and a 1-year high of C$2.73. The company has a debt-to-equity ratio of 18.59, a current ratio of 2.31 and a quick ratio of 15.77. The firm’s 50-day simple moving average is C$1.87 and its 200-day simple moving average is C$2.06.

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.