Galiano Gold meets 2024 production targets in Ghana despite lowered 2025 earnings forecasts.
Galiano Gold Inc., a Canadian gold exploration company, reported 2024 gold production of 115,115 ounces, meeting safety goals and strengthening its position at the Asanko Gold Mine in Ghana. Despite revised earnings forecasts by Scotiabank, which lowered FY2025 estimates, Galiano Gold has a strong financial position with $105 million in cash and no debt. The company's stock has received buy ratings from analysts, with Eight Capital setting a C$3.50 price target and HC Wainwright raising it to $4.60.
2 months ago
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