Atlantic Gold Corp (AGB) to Post FY2018 Earnings of $0.15 Per Share, Haywood Securities Forecasts
Atlantic Gold Corp (CVE:AGB) – Haywood Securities boosted their FY2018 EPS estimates for shares of Atlantic Gold Corp in a research report issued to clients and investors on Wednesday. Haywood Securities analyst G. Mark now anticipates that the company will post earnings per share of $0.15 for the year, up from their previous estimate of $0.14.
A number of other brokerages have also weighed in on AGB. Raymond James Financial, Inc. raised their price objective on Atlantic Gold Corp from C$2.00 to C$2.10 in a research note on Monday, October 23rd. BMO Capital Markets raised their price objective on Atlantic Gold Corp from C$2.00 to C$2.20 and gave the company an “outperform” rating in a research note on Tuesday, July 25th.
Shares of Atlantic Gold Corp (CVE:AGB) opened at C$1.44 on Friday. Atlantic Gold Corp has a 12 month low of C$0.76 and a 12 month high of C$1.87.
In other news, insider Ryan K. Beedie bought 100,000 shares of the firm’s stock in a transaction dated Friday, October 13th. The stock was bought at an average price of C$1.65 per share, for a total transaction of C$165,000.00. Also, insider Ryan K. Beedie bought 20,000 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was purchased at an average price of C$1.38 per share, with a total value of C$27,600.00. In the last quarter, insiders bought 398,300 shares of company stock valued at $602,626.
Atlantic Gold Corp Company Profile
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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