HC Wainwright Comments on Galiano Gold FY2025 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Stock analysts at HC Wainwright issued their FY2025 earnings estimates for Galiano Gold in a research note issued on Thursday, August 14th. HC Wainwright analyst H. Ihle expects that the company will post earnings per share of $0.23 for the year. HC Wainwright currently has a “Buy” rating and a $3.20 target price on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Galiano Gold Trading Down 3.8%

GAU opened at $2.01 on Monday. The stock has a market capitalization of $519.54 million, a P/E ratio of -66.98 and a beta of 0.57. Galiano Gold has a 12 month low of $1.00 and a 12 month high of $2.13. The firm’s fifty day simple moving average is $1.45 and its 200 day simple moving average is $1.34.

Institutional Investors Weigh In On Galiano Gold

Several institutional investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. lifted its position in Galiano Gold by 25.9% during the 2nd quarter. American Century Companies Inc. now owns 46,431 shares of the company’s stock worth $59,000 after buying an additional 9,558 shares in the last quarter. Two Sigma Advisers LP increased its stake in shares of Galiano Gold by 11.4% during the 4th quarter. Two Sigma Advisers LP now owns 155,800 shares of the company’s stock worth $192,000 after purchasing an additional 16,000 shares during the last quarter. Renaissance Technologies LLC grew its stake in Galiano Gold by 0.6% in the 4th quarter. Renaissance Technologies LLC now owns 2,741,253 shares of the company’s stock valued at $3,372,000 after buying an additional 16,677 shares during the last quarter. Sprott Inc. grew its stake in Galiano Gold by 55.9% in the 1st quarter. Sprott Inc. now owns 49,362 shares of the company’s stock valued at $61,000 after buying an additional 17,700 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its position in shares of Galiano Gold by 939.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 25,009 shares of the company’s stock worth $32,000 after purchasing an additional 22,603 shares in the last quarter. 66.82% of the stock is owned by 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.