Galiano Gold (“GAU”) has released its Q1’25 operational and financial results with production of 20.7koz (H&P 25koz), AISC of US$2,501/oz (H&Pe US$2,445/oz), and gold sold of 26.9koz at an average realised price of US$2,833/oz. Revenues for the period were US$76.6m (H&Pe US$71m), with EBITDA of US$19m (H&Pe 18.4m) and adj EPS of US$0.1/share (in line). Unadjusted EPS was -US$0.10/share principally due to the impact of realised and unrealised losses associated with gold hedges. The hedges also dr ....

15 May 2025
Galiano Gold: Q1 - Extended mill downtime drives weaker Q1, production should step up in H2

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Galiano Gold: Q1 - Extended mill downtime drives weaker Q1, production should step up in H2
Galiano Gold (“GAU”) has released its Q1’25 operational and financial results with production of 20.7koz (H&P 25koz), AISC of US$2,501/oz (H&Pe US$2,445/oz), and gold sold of 26.9koz at an average realised price of US$2,833/oz. Revenues for the period were US$76.6m (H&Pe US$71m), with EBITDA of US$19m (H&Pe 18.4m) and adj EPS of US$0.1/share (in line). Unadjusted EPS was -US$0.10/share principally due to the impact of realised and unrealised losses associated with gold hedges. The hedges also dr ....