GAU - Galiano Gold GAAP EPS of -$0.01 in-line revenue of $77.5M

Galiano Gold press release (NYSE:GAU): Q1 GAAP EPS of -$0.01 in-line. Revenue of $77.5M (-30.1% Y/Y). Adjusted EBITDA of $13.1 million Gold production of 42,343 ounces, in line with 2022 production guidance of 100,000- 120,000 ounces of gold. Total cash costs per ounce of $1,361 and all-in sustaining costs of $1,559/oz during the quarter, resulting in positive cash flows from operations of $3.9 million and AISC margin of $12.0 million. "Production for the quarter was in line with expectations and is on track to meet 2022 production guidance." said Matt Badylak, President and Chief Executive Officer.

For further details see:

Galiano Gold GAAP EPS of -$0.01 in-line, revenue of $77.5M