Cormark Has Pessimistic View of Galiano Gold FY2025 Earnings

Galiano Gold Inc. (TSE:GAUFree Report) – Investment analysts at Cormark decreased their FY2025 EPS estimates for Galiano Gold in a report issued on Wednesday, March 19th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.30 per share for the year, down from their previous forecast of $0.37.

Separately, BMO Capital Markets cut shares of Galiano Gold from a “strong-buy” rating to a “hold” rating and cut their price target for the company from C$2.50 to C$1.50 in a report on Wednesday, January 29th.

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Galiano Gold Stock Performance

TSE:GAU opened at C$1.79 on Friday. The stock has a market cap of C$326.20 million, a P/E ratio of -552.09, a price-to-earnings-growth ratio of 0.15 and a beta of 1.05. The firm’s fifty day simple moving average is C$1.74 and its 200 day simple moving average is C$1.90. Galiano Gold has a twelve month low of C$1.53 and a twelve month high of C$2.73. The company has a quick ratio of 15.77, a current ratio of 1.97 and a debt-to-equity ratio of 17.37.

Galiano Gold Company Profile

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Galiano Gold Inc is focused on building a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa.

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Earnings History and Estimates for Galiano Gold (TSE:GAU)

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