Earnings ·
Reports Q3 net income of $45.4M on $172.1M revenue as gold prices rise
GAUGaliano Gold Inc.
Galiano Gold reported a net income of $45.4 million, or $0.15 per share, for the third quarter ended September 30, 2026, compared to a loss of $42.0 million in the prior-year period. Revenue increased 51% to $172.1 million, driven by higher gold sales volumes and an average realized price of $4,247 per ounce. The company produced 40,922 ounces of gold and generated $57.0 million in operating cash flow. Year-to-date net income stands at $151.1 million on revenue of $495.2 million. Galiano Gold operates the Asanko Gold Mine in Ghana.