FY2020 Earnings Estimate for Leagold Mining Corp (TSE:LMC) Issued By Clarus Securities

Leagold Mining Corp (TSE:LMC) – Analysts at Clarus Securities raised their FY2020 earnings per share estimates for shares of Leagold Mining in a report issued on Monday, according to Zacks Investment Research. Clarus Securities analyst J. Spratt now expects that the company will post earnings of $0.87 per share for the year, up from their prior forecast of $0.61. Clarus Securities has a “Buy” rating on the stock.

Other analysts have also issued research reports about the stock. Scotiabank set a C$5.00 price objective on shares of Leagold Mining and gave the stock an “outperform” rating in a report on Monday, March 12th. BMO Capital Markets set a C$4.25 price objective on shares of Leagold Mining and gave the stock an “outperform” rating in a report on Monday, January 8th.

Leagold Mining (TSE LMC) traded up C$0.05 during midday trading on Wednesday, hitting C$2.74. 95,060 shares of the stock traded hands, compared to its average volume of 187,908. The firm has a market capitalization of $432.16, a price-to-earnings ratio of -5.08 and a beta of -0.63. Leagold Mining has a 12 month low of C$2.51 and a 12 month high of C$3.48.

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About Leagold Mining

Leagold Mining Corporation engages in the acquisition of gold mining properties and advanced-stage development projects in Latin America. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016. Leagold Mining Corporation is headquartered in Vancouver, Canada.

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