FY2026 EPS Estimates for Galiano Gold Cut by Scotiabank

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Galiano Gold in a note issued to investors on Sunday, April 13th. Scotiabank analyst O. Habib now expects that the company will earn $0.20 per share for the year, down from their prior forecast of $0.28. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

GAU has been the topic of a number of other reports. HC Wainwright reaffirmed a “buy” rating and set a $2.80 target price on shares of Galiano Gold in a report on Wednesday, March 19th. BMO Capital Markets cut shares of Galiano Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.

Galiano Gold Stock Performance

Shares of GAU stock opened at $1.34 on Wednesday. The stock has a market cap of $344.59 million, a PE ratio of -67.00 and a beta of 1.05. The business’s fifty day moving average is $1.24 and its 200-day moving average is $1.35. Galiano Gold has a 1 year low of $1.00 and a 1 year high of $2.00.

Institutional Investors Weigh In On Galiano Gold

Several hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC purchased a new position in Galiano Gold in the 3rd quarter worth about $36,000. Sprott Inc. acquired a new position in shares of Galiano Gold in the fourth quarter worth about $39,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Galiano Gold in the fourth quarter worth approximately $54,000. XTX Topco Ltd acquired a new stake in shares of Galiano Gold during the third quarter valued at approximately $64,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Galiano Gold in the 3rd quarter valued at approximately $147,000. 66.82% of the stock is owned by hedge funds and other 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.