Q3 2024 Earnings Estimate for Galiano Gold Inc. Issued By Cormark (TSE:GAU)

Galiano Gold Inc. (TSE:GAU) – Equities research analysts at Cormark decreased their Q3 2024 EPS estimates for Galiano Gold in a research report issued on Thursday, April 18th. Cormark analyst R. Gray now expects that the company will earn $0.11 per share for the quarter, down from their prior estimate of $0.16. The consensus estimate for Galiano Gold’s current full-year earnings is $0.37 per share. Cormark also issued estimates for Galiano Gold’s Q4 2024 earnings at $0.15 EPS, FY2024 earnings at $0.26 EPS, FY2025 earnings at $1.30 EPS and FY2026 earnings at $0.68 EPS.

Galiano Gold (TSE:GAU) last announced its earnings results on Friday, February 16th. The company reported C($0.04) earnings per share (EPS) for the quarter.

GAU has been the subject of a number of other reports. Scotiabank boosted their price target on shares of Galiano Gold from C$1.20 to C$1.50 and gave the stock a “sector perform” rating in a research note on Friday, December 22nd. BMO Capital Markets boosted their price target on shares of Galiano Gold from C$1.50 to C$2.25 in a research note on Thursday, March 7th.

Galiano Gold Trading Up 0.5 %

GAU opened at C$2.06 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.76 and a quick ratio of 15.77. The company has a market cap of C$522.15 million, a price-to-earnings ratio of 5.57, a price-to-earnings-growth ratio of 0.15 and a beta of 0.96. The firm has a 50 day simple moving average of C$1.64 and a 200 day simple moving average of C$1.21. Galiano Gold has a fifty-two week low of C$0.68 and a fifty-two week high of C$2.20.

Insider Buying and Selling at Galiano Gold

In other Galiano Gold news, Director Michael Price sold 65,100 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$1.22, for a total value of C$79,096.50. In other news, Director Michael Price sold 65,100 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of C$1.22, for a total transaction of C$79,096.50. Also, Director Paul Nicholas Wright acquired 59,500 shares of the stock in a transaction dated Tuesday, March 12th. The shares were bought at an average cost of C$1.18 per share, with a total value of C$70,210.00. Over the last 90 days, insiders bought 81,985 shares of company stock valued at $101,652. Corporate insiders own 26.43% 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.