Galiano Gold Inc. (NYSEAMERICAN:GAU – Free Report) – Equities researchers at HC Wainwright issued their FY2026 earnings estimates for shares of Galiano Gold in a research report issued on Wednesday, March 19th. HC Wainwright analyst H. Ihle forecasts that the company will earn $0.61 per share for the year. 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.
Separately, BMO Capital Markets cut Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.
Galiano Gold Stock Down 4.6 %
NYSEAMERICAN GAU opened at $1.25 on Friday. The business’s fifty day simple moving average is $1.23. The company has a market capitalization of $321.45 million, a PE ratio of -62.50 and a beta of 1.05. Galiano Gold has a fifty-two week low of $1.07 and a fifty-two week high of $2.00.
Institutional Trading of Galiano Gold
A number of hedge funds and other institutional investors have recently modified their holdings of GAU. Donald Smith & CO. Inc. boosted its stake in shares of Galiano Gold by 7.7% during the fourth quarter. Donald Smith & CO. Inc. now owns 25,708,407 shares of the company’s stock valued at $31,621,000 after purchasing an additional 1,827,084 shares in the last quarter. Ruffer LLP boosted its position in Galiano Gold by 4.8% during the 4th quarter. Ruffer LLP now owns 18,438,262 shares of the company’s stock worth $22,960,000 after buying an additional 838,300 shares during the period. Renaissance Technologies LLC grew its holdings in Galiano Gold by 0.6% during the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock worth $3,372,000 after acquiring an additional 16,677 shares during the last quarter. Aegis Financial Corp increased its position in Galiano Gold by 2,154.8% in the 4th quarter. Aegis Financial Corp now owns 2,392,299 shares of the company’s stock valued at $2,978,000 after acquiring an additional 2,286,199 shares during the period. Finally, Marshall Wace LLP raised its stake in shares of Galiano Gold by 20.6% during the fourth quarter. Marshall Wace LLP now owns 1,815,814 shares of the company’s stock valued at $2,233,000 after acquiring an additional 309,781 shares during the last quarter. Institutional investors own 66.82% of the company’s stock.
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.
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