Atlantic Gold Corp (AGB) to Post FY2020 Earnings of $0.23 Per Share, Beacon Securities Forecasts

Atlantic Gold Corp (CVE:AGB) – Research analysts at Beacon Securities cut their FY2020 EPS estimates for Atlantic Gold Corp in a note issued to investors on Wednesday, Zacks Investment Research reports. Beacon Securities analyst M. Bandrowski now forecasts that the company will post earnings of $0.23 per share for the year, down from their prior forecast of $0.24.

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Other research analysts have also recently issued research reports about the company. Raymond James Financial, Inc. lifted their target price on Atlantic Gold Corp from C$2.00 to C$2.10 in a research report on Monday, October 23rd. BMO Capital Markets lifted their target price on Atlantic Gold Corp from C$2.00 to C$2.20 and gave the company an “outperform” rating in a research report on Tuesday, July 25th.

Atlantic Gold Corp (CVE:AGB) opened at C$1.41 on Friday. Atlantic Gold Corp has a 1 year low of C$0.76 and a 1 year high of C$1.87.

In other Atlantic Gold Corp news, insider Ryan K. Beedie purchased 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average cost of C$1.38 per share, for a total transaction of C$27,600.00. Also, insider Ryan K. Beedie purchased 30,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were acquired at an average price of C$1.45 per share, for a total transaction of C$43,500.00. In the last ninety days, insiders have purchased 430,100 shares of company stock worth $655,810.

About Atlantic Gold Corp

Atlantic Gold Corporation is a Canada-based exploration and development gold mining company. The Company is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project (MRC Project), Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities.

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Earnings History and Estimates for Atlantic Gold Corp (CVE:AGB)

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