Latest news with #GalianoGold
Yahoo
a day ago
- Business
- Yahoo
Galiano Gold Inc. (GAU) Reports Drilling Results for Abore Deposit; Scotiabank Reiterates ‘Hold' Rating
With significant hedge fund interest and a share price under $5, Galiano Gold Inc. (NYSE:GAU) secures a place on our list of the . A close-up of a hand placing a block of gold into a safe. On July 14, 2025, Galiano Gold Inc. (NYSE:GAU) reported results from a deep step-out drilling initiative at the Abore deposit, which is a part of the Asanko Gold Mine in Ghana. Abore is located strategically along the haul road to the processing plant with 638,000 ounces in Measured and Indicated Resources. Mineralization over a 1,200-meter strike length, extending 200 meters below the current Mineral Reserve pit shell and remaining open in all directions, was intercepted across all four holes in the 1,907-meter campaign. The results highlight potential for bulk underground mining, posing significant expansion opportunities. Building on the Phase 1 momentum achieved in May, Galiano Gold Inc. (NYSE:GAU) has initiated a Phase 2 infill drilling program. Under this second phase, the company will further test extensions immediately below existing Mineral Reserves and Resources. Following the results, Scotiabank reiterated its 'Hold' rating on Galiano Gold Inc. (NYSE:GAU) with a $2.54 price target. Operating through its Asanko Gold Mine, Galiano Gold Inc. (NYSE:GAU) explores for and produces gold. It is included in our list of the Best Penny Stocks. While we acknowledge the potential of GAU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best AI Stocks to Buy Under $3 and Bill Ackman Stock Portfolio: Top 10 Stock Picks. Disclosure: None.
Business Insider
25-06-2025
- Business
- Business Insider
Galiano Gold files $500M mixed securities shelf
16:30 EDT Galiano Gold (GAU) files $500M mixed securities shelf Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Zawya
29-05-2025
- Business
- Zawya
Ghana's Asanko Gold Mine Joins Mining in Motion as Bronze Sponsor
Asanko Gold Mine, operated by Canadian firm Galiano Gold, has joined the upcoming Mining in Motion Summit 2025 as a Bronze sponsor. The Summit is Ghana's premier event for the mining sector, taking place on June 2 - 4, 2025 in Accra. As one of Ghana's key mining operations, Asanko Gold Mine plays a vital role in advancing local content development, environmental sustainability and increased gold production. Asanko Gold Mine's participation at the event underscores the company's long-term commitment to driving economic growth and job creation through a robust and responsible mining agenda. Asanko Gold Mine will participate in high-level panel discussions, exclusive networking, and project showcases highlighting its investment strategy and impact on Ghana's mining sector, economy, and local communities. The mine discovered a high-grade gold zone at the Abore Main pit, following a drilling campaign completed in May 2025 aimed at extending the life of its underground operations. In addition, the company continues to drill at its other open-pit sites; Nkran, Esaase, and Miradani North to further enhance production capacity. On the local content front, Asanko Gold Mine contributes to employment creation, female empowerment and community development. With a workforce of over 2,200 - 99% of whom are Ghanaian - the company champions local capacity building. Through its Asanko Women in Mining initiative, the firm empowers women by providing training and promoting their inclusion across all levels of the mining sector, fostering a more diverse and equitable industry. Asanko Gold Mine has also prioritized environmental stewardship. In 2023, the firm signed a clean power purchase agreement with the Volta River Authority to source 15MW of electricity for its operations from solar. The deal supports emissions reductions and aligns with sustainability goals within Ghana's Asante Kingdom. Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana's Ashanti Kingdom – in collaboration with Ghana's Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana's Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders. Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting For sponsorship opportunities or delegate participation, contact Sales@ Distributed by APO Group on behalf of Energy Capital&Power.
Yahoo
23-05-2025
- Business
- Yahoo
Are Basic Materials Stocks Lagging Galiano Gold (GAU) This Year?
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Galiano Gold (GAU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Galiano Gold is one of 232 companies in the Basic Materials group. The Basic Materials group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Galiano Gold is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for GAU's full-year earnings has moved 31.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that GAU has returned about 12.2% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have gained about 5.9% on average. As we can see, Galiano Gold is performing better than its sector in the calendar year. Another Basic Materials stock, which has outperformed the sector so far this year, is Alamos Gold (AGI). The stock has returned 41.5% year-to-date. In Alamos Gold's case, the consensus EPS estimate for the current year increased 0.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Galiano Gold belongs to the Mining - Gold industry, which includes 39 individual stocks and currently sits at #13 in the Zacks Industry Rank. On average, stocks in this group have gained 45.5% this year, meaning that GAU is slightly underperforming its industry in terms of year-to-date returns. Alamos Gold is also part of the same industry. Galiano Gold and Alamos Gold could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Galiano Gold Inc. (GAU) : Free Stock Analysis Report Alamos Gold Inc. (AGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
22-05-2025
- Business
- Globe and Mail
LEADING INDEPENDENT PROXY ADVISORY FIRMS RECOMMEND GALIANO GOLD'S SHAREHOLDERS VOTE FOR ALL PROPOSED RESOLUTIONS
VANCOUVER, BC , May 22, 2025 /CNW/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce that both Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co., LLC ("Glass Lewis") have recommended that Galiano's shareholders vote FOR all of the proposed resolutions that will considered at the Company's Annual General Meeting of Shareholders (the "Meeting"), which will be held virtually on Thursday, June 12, 2025 at 10:00 a.m. (Pacific Time) . ISS and Glass Lewis are two leading independent proxy advisory firms that, among other services, provide voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders. Galiano Gold Inc.'s Annual General Meeting of Shareholders The Meeting will be held online at for the following purposes: To fix the number of directors to be elected at eight; To elect directors of the Company for the ensuing year; To re-appoint the auditor of the Company for the ensuing year and to authorize the directors to fix the auditor's remuneration; and To authorize and approve a non‐binding advisory resolution accepting the Company's approach to executive compensation. Galiano shareholders are encouraged to read the meeting materials in detail and cast their votes prior to the proxy voting deadline. Copies of the meeting materials are available under Galiano's profile on SEDAR+ at and under the "Investors" section on Galiano's website at YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY The Board of Directors UNANIMOUSLY recommends that shareholders vote FOR all proposed resolutions that will be considered at the Meeting. The proxy voting deadline is at 10:00 a.m., Pacific Time , on Tuesday, June 10, 2025 How to vote Galiano shareholders can vote their shares using the following methods: Voting for Registered Shareholders (shares represented by a physical certificate or DRS Statement) Internet – Go to enter your 15-digit control number found on your form of proxy and vote your shares. Telephone – Call 1-866-732-8683, enter your 15-digit control number and follow the interactive voice control instructions to vote your shares. Voting for Non-Registered/Beneficial Shareholders (shares held with a broker, bank or other intermediary) Internet – Go to enter your 16-digit control number found on your voting instruction form ("VIF") and vote your shares. Telephone – Call the toll-free number listed on the VIF, enter your 16-digit control number and follow the interactive voice control instructions to vote your shares. Shareholder Questions Galiano's shareholders who have questions about the Meeting or the Meeting resolutions can contact the Company's strategic shareholder communications advisor and proxy solicitation agent, Laurel Hill Advisory Group, by telephone toll-free at 1-877-452-7184 in North America or 1-416-304-0211 for international calls or by e-mail at assistance@ About Galiano Gold Inc. Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company operates and manages the Asanko Gold Mine, which is located in Ghana , West Africa . Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities. For more information, please visit
