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Galiano Gold swings to Q1 FY26 profit of US$32.69 million; revenue rises 117.4% to US$166.52 million
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Galiano Gold swings to Q1 FY26 profit of US$32.69 million; revenue rises 117.4% to US$166.52 million
  • Galiano Gold posted Q1 2026 net income attributable to common shareholders of USD 32.69 million, or USD 0.13 a share, swinging from a loss a year earlier as revenue rose to USD 166.52 million.
  • Operating income climbed to USD 72.45 million, helped by a 71% increase in average gold sales prices and a 27% rise in gold ounces sold.
  • Cash flow from operating activities increased 80% to USD 46.69 million, while cash and cash equivalents ended March 31 at USD 114.94 million with no debt.
  • Gold production rose 68% to 34,747 ounces, while all-in sustaining costs fell 6% to USD 2,361/oz despite higher royalties expense.
  • FY 2026 AISC guidance was revised to USD 2,300/oz-USD 2,600/oz following Ghana’s amended royalty framework, while management reiterated it remains on track for 140,000-160,000 ounces of gold production.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galiano Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605131800NEWSFILECNPR____20260513_297370_1) on May 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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