Cormark Analysts Lower Earnings Estimates for Galiano Gold

Galiano Gold Inc. (TSE:GAU) – Equities researchers at Cormark dropped their Q1 2025 EPS estimates for shares of Galiano Gold in a note issued to investors on Wednesday, March 19th. Cormark analyst R. Gray now forecasts that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.04. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.13 EPS, FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.83 EPS.

Separately, BMO Capital Markets downgraded Galiano Gold from a “strong-buy” rating to a “hold” rating and dropped their target price for the stock from C$2.50 to C$1.50 in a report on Wednesday, January 29th.

Galiano Gold Stock Performance

TSE:GAU opened at C$1.89 on Thursday. The firm has a market capitalization of C$344.42 million, a P/E ratio of -582.94, a PEG ratio of 0.15 and a beta of 1.05. The company has a debt-to-equity ratio of 17.37, a current ratio of 1.97 and a quick ratio of 15.77. Galiano Gold has a one year low of C$1.53 and a one year high of C$2.73. The company’s 50-day simple moving average is C$1.74 and its 200 day simple moving average is C$1.90.

About Galiano Gold

Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.