Quarterly ResultAug 7, 2026, 06:08 AM
Galiano Gold Q2 Net Income $68.9M, EPS $0.24; Revenue $156.6M
AI Summary
Galiano Gold Inc. reported a significant increase in financial performance for Q2 2026, with net income rising to $68.9 million and basic EPS to $0.24. Revenue for the quarter reached $156.6 million, driven by higher gold sales and prices. The company also achieved 69,138 ounces of gold production year-to-date, meeting its first-half guidance, and continued development at the Nkran deposit.
Key Highlights
- Q2 2026 Net Income: $68.9 million, up from $21.6 million in Q2 2025.
- Q2 2026 Basic EPS: $0.24, compared to $0.07 in Q2 2025.
- Q2 2026 Revenue: $156.6 million, an increase from $97.3 million in Q2 2025.
- Year-to-date gold production: 69,138 ounces, meeting first-half guidance.
- Q2 2026 All-in sustaining costs (AISC): $2,473/oz, a 10% increase YoY.
- Cash and cash equivalents: $80.0 million as of June 30, 2026, with no debt.
- Nkran Cut 3 development pre-stripping costs: $22.1 million in Q2 2026.
Price Impact
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