Clarus Securities Predicts Weaker Earnings for Thesis Gold

Thesis Gold Inc. (CVE:TAUFree Report) – Research analysts at Clarus Securities lowered their FY2031 earnings per share estimates for shares of Thesis Gold in a research note issued to investors on Thursday, August 20th. Clarus Securities analyst V. Arora now anticipates that the company will post earnings per share of $2.25 for the year, down from their previous estimate of $2.37. Clarus Securities has a “Strong-Buy” rating on the stock.

Separately, Canadian Imperial Bank of Commerce set a C$6.00 target price on Thesis Gold and gave the stock an “outperformer” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$4.50.

Get Our Latest Stock Analysis on TAU

Thesis Gold Price Performance

Shares of CVE TAU opened at C$3.75 on Friday. The stock’s fifty day moving average price is C$3.02 and its two-hundred day moving average price is C$3.14. Thesis Gold has a one year low of C$1.02 and a one year high of C$3.98. The firm has a market cap of C$1.05 billion, a price-to-earnings ratio of -125.00 and a beta of 2.57.

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