Galiano Gold Q2 net income climbs 220% to US$61.9 million; revenue rises 61% to US$156.6 million
GAU•Production rises while costs and guidance remain in focus
- Gold production rose 13.32% to 34,391 ounces; all-in sustaining costs increased 10% to US$2,473/oz.
- The company maintained full-year guidance of 140,000-160,000 ounces and US$2,300-2,600/oz AISC.
- Cash totaled US$105.95 million with no debt.
Q2 profit and revenue jump on stronger gold prices and sales
- Galiano Gold posted Q2 2026 net income attributable to common shareholders of US$61.88 million, or US$0.24 a share, up from US$19.33 million, or US$0.07 a year earlier.
- Revenue more than doubled to US$156.57 million, reflecting higher gold prices and stronger sales volumes.
- Income from mine operations climbed to US$92.8 million from US$24.65 million, partly offset by higher royalties under Ghana’s new sliding-scale framework.
