HC Wainwright Forecasts Reduced Earnings for Galiano Gold

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Stock analysts at HC Wainwright decreased their FY2026 earnings per share estimates for shares of Galiano Gold in a research note issued on Thursday, February 19th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.70 per share for the year, down from their prior estimate of $0.77. HC Wainwright has a “Buy” rating and a $4.25 price target on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Separately, Scotiabank reiterated a “sector perform” rating on shares of Galiano Gold in a research note on Monday, January 26th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Galiano Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.25.

Galiano Gold Stock Up 2.0%

GAU stock opened at $3.07 on Monday. Galiano Gold has a fifty-two week low of $1.00 and a fifty-two week high of $3.26. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.60. The stock has a market capitalization of $797.56 million, a price-to-earnings ratio of -25.58 and a beta of 0.87. The business’s fifty day moving average price is $2.77 and its two-hundred day moving average price is $2.49.

Institutional Investors Weigh In On Galiano Gold

Several hedge funds have recently added to or reduced their stakes in GAU. Mackenzie Financial Corp acquired a new stake in shares of Galiano Gold in the 4th quarter valued at about $643,000. XTX Topco Ltd boosted its holdings in Galiano Gold by 23.9% in the fourth quarter. XTX Topco Ltd now owns 623,919 shares of the company’s stock worth $1,579,000 after acquiring an additional 120,388 shares in the last quarter. Oxford Asset Management LLP acquired a new stake in Galiano Gold in the fourth quarter valued at approximately $117,000. Millennium Management LLC increased its holdings in shares of Galiano Gold by 23.9% during the fourth quarter. Millennium Management LLC now owns 4,812,612 shares of the company’s stock valued at $12,205,000 after acquiring an additional 927,601 shares in the last quarter. Finally, Man Group plc acquired a new position in shares of Galiano Gold during the fourth quarter worth approximately $230,000. 66.82% of the stock is currently owned by institutional investors and hedge funds.

About Galiano Gold

Galiano Gold Incorporated is a Canada-based gold exploration and development company listed on the NYSE American under the symbol GAU. The company’s primary focus is the acquisition, exploration and advancement of gold deposits in the Americas. Galiano Gold pursues a value-driven strategy to build gold resources by identifying high-potential projects, conducting systematic drilling programs and advancing resource definition toward a development decision.

Galiano Gold’s flagship asset is the Oko West and Oko East gold project located in the Essequibo region of Guyana, where multiple oxide and primary gold mineralized zones have been outlined through extensive drilling.