HC Wainwright Increases Earnings Estimates for Galiano Gold

Galiano Gold Inc. (TSE:GAU) – Investment analysts at HC Wainwright increased their FY2025 earnings estimates for shares of Galiano Gold in a research report issued on Wednesday, January 29th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.58 per share for the year, up from their prior forecast of $0.55.

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

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

Galiano Gold Stock Performance

Shares of Galiano Gold stock opened at C$1.60 on Monday. The firm has a market cap of C$411.07 million, a PE ratio of 22.86, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The firm’s 50-day simple moving average is C$1.80 and its 200-day simple moving average is C$2.01. The company has a debt-to-equity ratio of 18.59, a quick ratio of 15.77 and a current ratio of 2.31. Galiano Gold has a 1 year low of C$1.09 and a 1 year high of C$2.73.

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.