Cormark Comments on Galiano Gold’s FY2026 Earnings (TSE:GAU)

Galiano Gold Inc. (TSE:GAU) – Investment analysts at Cormark boosted their FY2026 earnings per share (EPS) estimates for shares of Galiano Gold in a research report issued on Monday, November 11th. Cormark analyst R. Gray now anticipates that the company will post earnings of $1.00 per share for the year, up from their prior forecast of $0.85.

Galiano Gold Price Performance

GAU opened at C$2.03 on Wednesday. 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 52-week low of C$0.75 and a 52-week high of C$2.73. The stock has a market capitalization of C$521.55 million, a PE ratio of 29.00, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The stock’s 50 day moving average price is C$2.06 and its 200-day moving average price is C$2.20.

Insiders Place Their Bets

In other Galiano Gold news, Director Judith Mosely sold 49,500 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$1.81, for a total value of C$89,595.00. Corporate insiders own 23.08% of the company’s stock.

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.