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Galiano Gold Inc (GAU)
NYSE MKT:GAU
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Earnings Data
Report Date
Mar 12, 2025After Close Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.06Last Year’s EPS
-$0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -20.13%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights solid operational and financial performance, including increased gold production and a strong cash position. However, challenges with processing throughput and elevated all-in sustaining costs present concerns. The hedging strategy has resulted in unrealized losses due to the current gold price environment, although the overall impact is mitigated by high market prices.Company Guidance
During the Galiano Gold Inc. Q3 2024 earnings call, the company provided several key metrics and guidance. Gold production increased by 13% to nearly 30,000 ounces, driven by a 32% rise in total tonnes mined, reaching 10.4 million tonnes. Despite a $40 million investment in stripping activities at the Abore site, Galiano maintained a robust liquidity position with approximately $121 million in cash and no debt. The company reported revenues of $71 million with a realized gold price of $2,446 per ounce, resulting in a mine operating income of $26.4 million and a net income of $1.1 million. Galiano expects to complete the life of mine plan and release updated mineral reserves and resources in early Q1 2025. Additionally, they maintained their guidance for gold production between 120,000 and 130,000 ounces for the year and forecast all-in sustaining costs to be between $1,975 and $2,075 per ounce sold.Increased Gold Production
Gold production rose by 13% this quarter, reaching nearly 30,000 ounces, with a 32% increase in total tonnes mined.
Strong Financial Position
Galiano maintains a robust liquidity position with $121 million in cash and remains debt-free.
Revenue and Income Growth
Generated revenues of $71 million at a realized gold price of $2,446 per ounce, with net income of $1.1 million and EBITDA of almost $31 million.
Progress in Abore Expansion
Expanded Abore reserves by 45%, improving mining practices and positioning for increased production efficiency.
Focus on Cost Management
Operating costs remain consistent with recent quarters, maintaining strong margins in a high gold price environment.
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GAU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GAU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $1.59 | $1.47 | -7.55% |
| Aug 08, 2024 | $1.57 | $1.34 | -14.65% |
| May 02, 2024 | $1.68 | $1.65 | -1.79% |
| Feb 16, 2024 | $0.92 | $0.91 | -1.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Galiano Gold Inc (GAU) report earnings?
Galiano Gold Inc (GAU) is schdueled to report earning on Mar 12, 2025, After Close Not Confirmed.
What is Galiano Gold Inc (GAU) earnings time?
Galiano Gold Inc (GAU) earnings time is at Mar 12, 2025, After Close Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GAU EPS forecast?
GAU EPS forecast for the fiscal quarter 2024 (Q4) is $0.06.
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