Galiano Gold reported mixed Q1 results with a Non-GAAP EPS of $0.11, missing expectations by $0.01, while revenue surged 117.4% year-over-year to $166.5 million, exceeding estimates by $29 million. The company had $114.9 million in cash and no debt, generating $46.7 million in cash flow from operations, an 80% increase from Q1 2025. Adjusted EBITDA rose 364% to $93.4 million. Gold production increased by 68% to 34,747 ounces, with AISC at $2,361/oz, down 6% from the previous year. FY 2026 AISC guidance was revised to $2,300-$2,600/oz due to changes in Ghana's royalty framework.