Galiano Gold Inc. (NYSEAMERICAN:GAU – Free Report) – Stock analysts at HC Wainwright boosted their FY2025 EPS estimates for Galiano Gold in a research report issued on Wednesday, March 19th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.42 for the year, up from their previous forecast of $0.40. 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 downgraded Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.
Galiano Gold Price Performance
GAU opened at $1.25 on Thursday. The business has a 50 day moving average price of $1.23. The firm has a market capitalization of $321.45 million, a P/E ratio of -62.50 and a beta of 1.05. Galiano Gold has a 1-year low of $1.07 and a 1-year high of $2.00.
Institutional Trading of Galiano Gold
A number of large investors have recently added to or reduced their stakes in GAU. Banque Cantonale Vaudoise acquired a new stake in shares of Galiano Gold during the 3rd quarter valued at $33,000. HighTower Advisors LLC acquired a new stake in shares of Galiano Gold during the third quarter worth $36,000. Sprott Inc. purchased a new stake in shares of Galiano Gold during the fourth quarter valued at $39,000. Dynamic Technology Lab Private Ltd purchased a new position in Galiano Gold in the 4th quarter worth about $54,000. Finally, XTX Topco Ltd purchased a new stake in Galiano Gold during the third quarter valued at about $64,000. 66.82% of the stock is currently owned by institutional investors.
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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