Galiano Gold: From Weak Quarter To Early Recovery Signals

Galiano Gold has transitioned from stagnation to operational improvement, with Q4 2025 production up 15% QoQ and AISC down 11%. GAU's Q4 operating cash flow reached $55.8 million on $159.7 million revenue, despite not yet achieving full production potential. The operational bottleneck is easing, with a secondary crusher installation and access to higher-grade zones expected to drive further margin expansion.