Cormark Analysts Lower Earnings Estimates for Galiano Gold

Galiano Gold Inc. (TSE:GAU) – Investment analysts at Cormark decreased their Q1 2025 earnings per share (EPS) estimates for Galiano Gold in a research note issued to investors on Thursday, January 30th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.24. Cormark also issued estimates for Galiano Gold’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.10 EPS, FY2025 earnings at $0.37 EPS and FY2026 earnings at $0.73 EPS.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets cut shares of Galiano Gold from a “strong-buy” rating to a “hold” rating and lowered their price objective for the company from C$2.50 to C$1.50 in a research report on Wednesday, January 29th. Eight Capital set a C$3.50 price target on Galiano Gold and gave the company a “buy” rating in a report on Tuesday, November 19th.

Galiano Gold Trading Down 3.0 %

TSE GAU opened at C$1.60 on Monday. The stock has a market cap of C$411.07 million, a PE ratio of 22.86, a PEG ratio of 0.15 and a beta of 1.05. Galiano Gold has a 12 month low of C$1.09 and a 12 month high of C$2.73. The company’s 50-day moving average price is C$1.80 and its 200-day moving average price is C$2.01. The company has a current ratio of 2.31, a quick ratio of 15.77 and a debt-to-equity ratio of 18.59.

Galiano Gold (TSE:GAU) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.10 EPS for the quarter, beating the consensus estimate of C$0.04 by C$0.06. Galiano Gold had a return on equity of 4.46% and a net margin of 10.14%. During the same period in the prior year, the firm posted $0.07 EPS.

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.