Investors who held Galiano Gold from the start of the year are down 23.3% including dividends, with shares falling from CA$3.49 to about CA$2.7. A bullish view set fair value at CA$4.2 based on higher gold prices, Abore drilling and plant upgrades, while a bearish view put it at CA$2.49, citing ESG pressures, Ghana political and regulatory risk and higher operating costs. Galiano secured long-term extensions for the Abirem and Miradani mining leases at Asanko, supporting the mine-life case. Q2 2026 revenue rose to US$183.745m from US$84.795m, with net income of US$61.877m and a 33.7% net margin. The article notes that all-in sustaining cost guidance of $2,300 to $2,600 per ounce, driven by Ghana's sliding-scale royalty regime and elevated diesel prices, may compress net margins even if production rises.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
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