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

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Investment analysts at Cormark issued their Q1 2025 EPS estimates for shares of Galiano Gold in a note issued to investors on Thursday, January 16th. Cormark analyst R. Gray anticipates that the company will earn $0.17 per share for the quarter. The consensus estimate for Galiano Gold’s current full-year earnings is $0.13 per share. Cormark also issued estimates for Galiano Gold’s Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.17 EPS and FY2025 earnings at $0.67 EPS.

GAU has been the topic of a number of other reports. HC Wainwright restated a “buy” rating and issued a $3.10 price target (down from $4.60) on shares of Galiano Gold in a research note on Thursday. Eight Capital raised Galiano Gold to a “strong-buy” rating in a research note on Tuesday, November 19th.

Galiano Gold Price Performance

GAU stock opened at $1.12 on Friday. Galiano Gold has a 52 week low of $0.80 and a 52 week high of $2.00. The stock has a market capitalization of $287.93 million, a P/E ratio of 12.50 and a beta of 1.06.

Hedge Funds Weigh In On Galiano Gold

Several hedge funds have recently modified their holdings of the company. Donald Smith & CO. Inc. grew its position in shares of Galiano Gold by 33.3% in the third quarter. Donald Smith & CO. Inc. now owns 23,881,323 shares of the company’s stock valued at $33,911,000 after purchasing an additional 5,961,685 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Galiano Gold in the third quarter worth $639,000. XTX Topco Ltd bought a new position in shares of Galiano Gold during the 3rd quarter valued at about $64,000. Marshall Wace LLP raised its stake in shares of Galiano Gold by 208.8% during the second quarter. Marshall Wace LLP now owns 1,498,359 shares of the company’s stock worth $2,577,000 after acquiring an additional 1,013,141 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Galiano Gold by 43.3% in the 3rd 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 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.