Brokerages Anticipate GalianoGoldInc . (NYSE:GAU) to Post $0.01 Earnings Per Share

Equities analysts expect GalianoGoldInc . (NYSE:GAU) to announce earnings of $0.01 per share for the current quarter, Zacks reports. Zero analysts have provided estimates for GalianoGoldInc .’s earnings. GalianoGoldInc . posted earnings of $0.03 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 66.7%. The business is scheduled to announce its next quarterly earnings report on Thursday, August 6th.

On average, analysts expect that GalianoGoldInc . will report full-year earnings of $0.13 per share for the current fiscal year, with EPS estimates ranging from $0.11 to $0.14. For the next fiscal year, analysts forecast that the business will report earnings of $0.07 per share, with EPS estimates ranging from $0.04 to $0.11. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover GalianoGoldInc ..

GalianoGoldInc . (NYSE:GAU) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05.

GAU has been the topic of a number of research analyst reports. HC Wainwright reissued a “buy” rating and issued a $2.80 price target (up previously from $2.50) on shares of GalianoGoldInc . in a research note on Tuesday. Zacks Investment Research raised shares of GalianoGoldInc . from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a research note on Friday, May 8th. Finally, Berenberg Bank reissued a “buy” rating and issued a $1.90 price target on shares of GalianoGoldInc . in a research note on Thursday, July 9th.

Shares of NYSE GAU traded up $0.03 during midday trading on Tuesday, reaching $1.57. 1,344,061 shares of the stock were exchanged, compared to its average volume of 635,558. The company has a market capitalization of $373.62 million, a price-to-earnings ratio of -2.59 and a beta of 0.85. GalianoGoldInc . has a twelve month low of $0.56 and a twelve month high of $1.82. The firm has a 50-day moving average price of $1.25.

GalianoGoldInc . Company Profile

Asanko Gold, Inc is an exploration company. It engages in the acquisition and exploration of mineral resources in West Ghana. The company was founded by Ivan James Bebek and Shawn Kristen Wallace on September 23, 1999 and is headquartered in Vancouver, Canada.

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Earnings History and Estimates for GalianoGoldInc   . (NYSE:GAU)

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