Guyana Goldfields Inc. (TSE:GUY) – Cormark increased their Q1 2019 earnings estimates for shares of Guyana Goldfields in a report released on Thursday, Zacks Investment Research reports. Cormark analyst R. Gray now expects that the company will post earnings of $0.17 per share for the quarter, up from their previous estimate of $0.06. Cormark also issued estimates for Guyana Goldfields’ Q2 2019 earnings at $0.17 EPS, Q3 2019 earnings at $0.17 EPS, Q4 2019 earnings at $0.17 EPS and FY2019 earnings at $0.69 EPS.
Several other analysts also recently commented on GUY. TD Securities lifted their target price on shares of Guyana Goldfields from C$6.50 to C$7.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. Royal Bank of Canada reduced their target price on shares of Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating for the company in a report on Tuesday, November 28th. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of C$7.50.
Shares of Guyana Goldfields (TSE:GUY) traded up C$0.06 during mid-day trading on Monday, hitting C$5.20. 609,704 shares of the company traded hands, compared to its average volume of 464,280. The company has a market cap of $891.47, a P/E ratio of 26.00 and a beta of -1.41. Guyana Goldfields has a 1-year low of C$3.96 and a 1-year high of C$7.85.
About Guyana Goldfields
Guyana Goldfields Inc (Guyana Goldfields) is a Canada-based mineral development and exploration company primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company’s Aurora Gold Mine is an operating gold mine project, which is located in Guyana.
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