Guyana Goldfields Inc. (GUY) Forecasted to Earn Q1 2019 Earnings of $0.06 Per Share
Guyana Goldfields Inc. (TSE:GUY) – Investment analysts at Cormark issued their Q1 2019 EPS estimates for Guyana Goldfields in a report issued on Wednesday. Cormark analyst R. Gray anticipates that the company will post earnings of $0.06 per share for the quarter. Cormark also issued estimates for Guyana Goldfields’ Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.06 EPS, Q4 2019 earnings at $0.06 EPS and FY2019 earnings at $0.24 EPS.
Several other analysts have also recently weighed in on the stock. Royal Bank of Canada dropped their price objective on shares of Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating for the company in a research note on Tuesday, November 28th. BMO Capital Markets lifted their price objective on shares of Guyana Goldfields from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. Finally, Clarus Securities upgraded shares of Guyana Goldfields from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of C$7.38.
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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