What is Cormark’s Estimate for Galiano Gold Q1 Earnings?

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Stock analysts at Cormark lowered their Q1 2025 earnings per share estimates for shares of Galiano Gold in a research note issued to investors on Thursday, January 30th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.03 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share. Cormark also issued estimates for Galiano Gold’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.07 EPS, FY2025 earnings at $0.26 EPS and FY2026 earnings at $0.51 EPS.

Other equities research analysts have also recently issued research reports about the stock. Eight Capital upgraded shares of Galiano Gold to a “strong-buy” rating in a report on Tuesday, November 19th. BMO Capital Markets downgraded Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th. Finally, HC Wainwright lowered their price objective on Galiano Gold from $3.10 to $2.80 and set a “buy” rating for the company in a research note on Wednesday, January 29th.

Galiano Gold Trading Down 1.8 %

Shares of GAU stock opened at $1.12 on Monday. The firm has a market cap of $287.93 million, a PE ratio of -56.00 and a beta of 1.06. Galiano Gold has a 12 month low of $0.80 and a 12 month high of $2.00.

Galiano Gold (NYSEAMERICAN:GAU) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. The company had revenue of $71.13 million during the quarter.

Institutional Investors Weigh In On Galiano Gold

Several institutional investors and hedge funds have recently made changes to their positions in GAU. Donald Smith & CO. Inc. raised its position in Galiano Gold by 33.3% in the 3rd quarter. Donald Smith & CO. Inc. now owns 23,881,323 shares of the company’s stock worth $33,911,000 after buying an additional 5,961,685 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Galiano Gold by 43.3% in the third quarter. Van ECK Associates Corp now owns 6,854,000 shares of the company’s stock worth $9,733,000 after acquiring an additional 2,070,000 shares during the period. De Lisle Partners LLP raised its holdings in shares of Galiano Gold by 14.0% during the third 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 during the last quarter. The Manufacturers Life Insurance Company bought a new position in Galiano Gold during the third quarter valued at approximately $639,000. Finally, Sapient Capital LLC boosted its holdings in Galiano Gold by 6.7% in the third quarter. Sapient Capital LLC now owns 247,694 shares of the company’s stock worth $354,000 after purchasing an additional 15,450 shares during the last quarter. 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.