FY2019 Earnings Estimate for Atlantic Gold Corp (AGB) Issued By National Bank Financial
Atlantic Gold Corp (CVE:AGB) – Stock analysts at National Bank Financial boosted their FY2019 earnings per share (EPS) estimates for shares of Atlantic Gold in a report released on Monday, March 25th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.21 for the year, up from their prior forecast of $0.18.
AGB has been the subject of a number of other reports. Raymond James set a C$2.50 price objective on shares of Atlantic Gold and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Canaccord Genuity raised shares of Atlantic Gold from a “speculative buy” rating to a “buy” rating in a research report on Wednesday, November 28th. BMO Capital Markets set a C$2.75 price objective on shares of Atlantic Gold and gave the stock an “outperform” rating in a research report on Wednesday. Pi Financial lifted their price objective on shares of Atlantic Gold from C$2.75 to C$2.85 in a research report on Monday. Finally, Desjardins reaffirmed a “buy” rating on shares of Atlantic Gold in a research report on Monday, January 7th. Seven investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of C$2.85.
Atlantic Gold Company Profile
Atlantic Gold Corporation engages in the acquisition, exploration, and development of gold properties in Canada. Its Touquoy Gold Project covers an area of approximately 1,760 hectares located in Nova Scotia; and holds 100% interest the in Beaver Dam Gold Project. The company was formerly known as Spur Ventures Inc and changed its name to Atlantic Gold Corporation in August 2014.
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