Galiano Gold Inc. (TSE:GAU) to Post FY2025 Earnings of $0.95 Per Share, HC Wainwright Forecasts

Galiano Gold Inc. (TSE:GAU) – Equities researchers at HC Wainwright lifted their FY2025 EPS estimates for shares of Galiano Gold in a research note issued on Monday, August 12th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.95 per share for the year, up from their prior forecast of $0.79. The consensus estimate for Galiano Gold’s current full-year earnings is $0.15 per share.

Separately, Scotiabank upped their target price on Galiano Gold from C$2.00 to C$2.25 in a research report on Thursday, May 23rd.

Galiano Gold Trading Down 3.0 %

Galiano Gold stock opened at C$1.94 on Wednesday. Galiano Gold has a 12-month low of C$0.71 and a 12-month high of C$2.73. The company has a debt-to-equity ratio of 10.81, a current ratio of 2.49 and a quick ratio of 15.77. The stock has a market capitalization of C$493.01 million, a PE ratio of 24.25, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The firm has a 50 day simple moving average of C$2.31 and a 200-day simple moving average of C$2.00.

Insider Buying and Selling

In other Galiano Gold news, Director Paul Nicholas Wright sold 100,000 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of C$1.72, for a total value of C$172,000.00. 23.17% of the stock is owned by corporate insiders.

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.