Guyana Goldfields Inc. (TSE:GUY) – Stock analysts at Clarus Securities lowered their FY2018 earnings per share (EPS) estimates for Guyana Goldfields in a report released on Tuesday. Clarus Securities analyst J. Spratt now expects that the company will earn $0.66 per share for the year, down from their previous estimate of $0.69. Clarus Securities has a “Buy” rating on the stock.

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A number of other research firms have also recently issued reports on GUY. BMO Capital Markets raised their price target on shares of Guyana Goldfields from C$7.50 to C$8.00 in a report on Monday, October 2nd. Royal Bank Of Canada decreased their price target on shares of Guyana Goldfields from C$9.00 to C$8.00 and set an “outperform” rating for the company in a report on Wednesday, August 2nd. TD Securities decreased their price target on shares of Guyana Goldfields from C$8.50 to C$6.50 and set a “buy” rating for the company in a report on Wednesday, August 2nd. Finally, Scotiabank decreased their price target on shares of Guyana Goldfields from C$9.00 to C$7.50 and set an “outperform” rating for the company in a report on Thursday, August 3rd. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of C$7.50.

In other Guyana Goldfields news, Director Patrick John Sheridan bought 13,200 shares of Guyana Goldfields stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average price of C$4.38 per share, with a total value of C$57,816.00. Also, insider Baupost Group L.L.C. The bought 100,000 shares of Guyana Goldfields stock in a transaction that occurred on Tuesday, September 19th. The shares were acquired at an average cost of C$4.07 per share, with a total value of C$407,000.00. In the last three months, insiders have purchased 720,500 shares of company stock valued at $2,962,116.

Guyana Goldfields Company Profile

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.

Earnings History and Estimates for Guyana Goldfields (TSE:GUY)

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