Galiano Gold Inc. (NYSE American: GAU) reported a strong second quarter for 2026, with revenue rising to $156.6 million, up 60.9% from a year earlier. Gross profit climbed to $65.6 million, while operating profit increased sharply to $47.6 million.
Net income attributable to common shareholders came in at $61.9 million, a jump of 628.0% year over year, and diluted earnings per share improved to $0.23. The results point to significantly better profitability across the business during the quarter.
On the cash flow side, operating cash flow was $6.0 million, while capital spending on property, plant and equipment totaled $37.0 million. Cash and cash equivalents stood at $80.0 million, and total liabilities were $388.2 million. Shares were down 1.5% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Galiano Gold Inc. Hedge Fund Activity
We have seen 54 institutional investors add shares of Galiano Gold Inc. stock to their portfolio, and 39 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC removed 4,482,817 shares (-32.4%) from their portfolio in Q1 2026, for an estimated $11,251,870
- PALE FIRE CAPITAL SE removed 3,914,409 shares (-49.5%) from their portfolio in Q1 2026, for an estimated $9,825,166
- MILLENNIUM MANAGEMENT LLC removed 3,777,222 shares (-78.5%) from their portfolio in Q1 2026, for an estimated $9,480,827
- TWO SIGMA INVESTMENTS, LP added 3,162,899 shares (+215.3%) to their portfolio in Q1 2026, for an estimated $7,938,876
- AMERICAN CENTURY COMPANIES INC added 3,130,270 shares (+77.7%) to their portfolio in Q1 2026, for an estimated $7,856,977
- U S GLOBAL INVESTORS INC removed 2,193,071 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $5,504,608
- TORONTO DOMINION BANK added 2,154,192 shares (+2805.7%) to their portfolio in Q1 2026, for an estimated $5,407,021
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.