Galiano Gold FY2025 EPS Estimate Lifted by HC Wainwright

Galiano Gold Inc. (NYSEAMERICAN:GAU) – HC Wainwright boosted their FY2025 earnings per share estimates for Galiano Gold in a research report issued on Wednesday, January 29th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.40 for the year, up from their prior estimate of $0.38. HC Wainwright has a “Buy” rating and a $2.80 price objective on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Galiano Gold (NYSEAMERICAN:GAU) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. The company had revenue of $71.13 million during the quarter.

A number of other analysts also recently issued reports on GAU. BMO Capital Markets downgraded shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th. Eight Capital raised Galiano Gold to a “strong-buy” rating in a report on Tuesday, November 19th.

Galiano Gold Price Performance

GAU stock opened at $1.16 on Monday. The company has a market capitalization of $298.21 million, a PE ratio of -58.00 and a beta of 1.05. Galiano Gold has a 12-month low of $0.80 and a 12-month high of $2.00.

Hedge Funds Weigh In On Galiano Gold

Large investors have recently modified their holdings of the company. Sapient Capital LLC lifted its holdings in shares of Galiano Gold by 6.7% in the 3rd quarter. Sapient Capital LLC now owns 247,694 shares of the company’s stock worth $354,000 after acquiring an additional 15,450 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in Galiano Gold in the 3rd quarter worth $33,000. HighTower Advisors LLC purchased a new stake in Galiano Gold during the third quarter valued at about $36,000. Sprott Inc. purchased a new stake in Galiano Gold during the 4th quarter valued at about $39,000. Finally, Cubist Systematic Strategies LLC increased its stake in Galiano Gold by 141.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 54,163 shares of the company’s stock worth $93,000 after purchasing an additional 31,757 shares during the period. 66.82% of the stock is owned by hedge funds and other institutional investors.

About Galiano Gold

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.