Galiano Gold Inc. (NYSEAMERICAN:GAU – Free Report) – Stock analysts at Scotiabank reduced their FY2026 EPS estimates for Galiano Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.28 for the year, down from their previous forecast of $0.39. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.
Other equities research analysts have also recently issued reports about the company. BMO Capital Markets cut Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th. HC Wainwright restated a “buy” rating and issued a $2.80 price target on shares of Galiano Gold in a report on Wednesday, March 19th.
Galiano Gold Price Performance
NYSEAMERICAN:GAU opened at $1.24 on Monday. Galiano Gold has a 12 month low of $1.07 and a 12 month high of $2.00. The stock has a 50-day moving average price of $1.23. The stock has a market capitalization of $318.88 million, a P/E ratio of -62.00 and a beta of 1.05.
Hedge Funds Weigh In On Galiano Gold
Large investors have recently bought and sold shares of the business. Banque Cantonale Vaudoise purchased a new position in shares of Galiano Gold in the 3rd quarter worth approximately $33,000. The Manufacturers Life Insurance Company acquired a new stake in Galiano Gold during the 3rd quarter worth about $639,000. De Lisle Partners LLP increased its holdings in shares of Galiano Gold by 14.0% during the 3rd quarter. De Lisle Partners LLP now owns 815,416 shares of the company’s stock valued at $1,154,000 after purchasing an additional 100,000 shares in the last quarter. HighTower Advisors LLC purchased a new position in Galiano Gold in the third quarter valued at $36,000. Finally, XTX Topco Ltd acquired a new stake in Galiano Gold in the third quarter valued at approximately $64,000. Institutional investors own 66.82% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Galiano Gold
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Following Congress Stock Trades
- NVIDIA Insiders Sell: This Is What It Means for the MarketĀ
- Financial Services Stocks Investing
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for Galiano Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galiano Gold and related companies with MarketBeat.com's FREE daily email newsletter.