Cormark Has Negative Estimate for Galiano Gold Q1 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Equities researchers at Cormark decreased their Q1 2025 earnings per share estimates for Galiano Gold in a note issued to investors on Wednesday, March 19th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.03. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold’s Q4 2025 earnings at $0.09 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.58 EPS.

A number of other analysts also recently weighed in on GAU. BMO Capital Markets downgraded Galiano Gold from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 29th. HC Wainwright reaffirmed a “buy” rating and issued a $2.80 price objective on shares of Galiano Gold in a research note on Wednesday.

Galiano Gold Price Performance

GAU opened at $1.31 on Thursday. The stock has a market cap of $336.88 million, a PE ratio of -65.50 and a beta of 1.05. The business has a 50-day moving average price of $1.23. Galiano Gold has a 12-month low of $1.07 and a 12-month high of $2.00.

Hedge Funds Weigh In On Galiano Gold

A number of large investors have recently bought and sold shares of GAU. Two Sigma Advisers LP boosted its position in Galiano Gold by 11.4% during the 4th quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock valued at $192,000 after buying an additional 16,000 shares during the period. Bank of America Corp DE grew its stake in shares of Galiano Gold by 46.9% in the fourth quarter. Bank of America Corp DE now owns 860,516 shares of the company’s stock worth $1,058,000 after purchasing an additional 274,759 shares during the last quarter. Marshall Wace LLP increased its holdings in Galiano Gold by 20.6% during the 4th quarter. Marshall Wace LLP now owns 1,815,814 shares of the company’s stock valued at $2,233,000 after purchasing an additional 309,781 shares during the period. Renaissance Technologies LLC raised its position in Galiano Gold by 0.6% during the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock valued at $3,372,000 after purchasing an additional 16,677 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Galiano Gold in the 4th quarter worth approximately $54,000. 66.82% of the stock is owned by hedge funds and other 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.