H.C. Wainwright lowered the firm’s price target on Galiano Gold (GAU) to $2.80 from $3.10 and keeps a Buy rating on the shares after the company announced its 2025 and five-year plan guidance. Galiano’s five-year outlook incorporates significant revenue growth through improved operational efficiencies, growth of mineral reserves, and secondary crusher commissioning, the analyst tells investors in a research note.
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Read More on GAU:
- Galiano Gold downgraded to Market Perform from Outperform at BMO Capital
- Galiano Gold Unveils 2025 Guidance and Growth Plans
- GAU Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Galiano Gold price target lowered to $3.10 from $4.60 at H.C. Wainwright
- Galiano Gold reports 2024 gold production of 115.1K oz