Earnings ·
Galiano Gold Inc. reported unaudited financial results for the three and six months ended June 30, 2026
GAUGaliano Gold Inc.
Galiano Gold Inc. reported unaudited financial results for the three and six months ended June 30, 2026. The company generated net income of $105.8 million year-to-date, compared to a loss of $7.8 million in the prior period, driven by higher gold prices averaging $4,641 per ounce and increased production of 69,138 ounces. Revenue reached $323.1 million, while All-In Sustaining Costs (AISC) were $2,418 per ounce. The company maintains a balance sheet with $80.0 million in cash and no drawn debt on its $75.0 million revolving credit facility. Galiano Gold Inc. operates the Asanko Gold Mine in Ghana.