Guyana Goldfields Inc. Forecasted to Post Q4 2017 Earnings of $0.13 Per Share (GUY)
Guyana Goldfields Inc. (TSE:GUY) – Research analysts at Cormark increased their Q4 2017 EPS estimates for Guyana Goldfields in a report released on Wednesday. Cormark analyst R. Gray now expects that the company will post earnings of $0.13 per share for the quarter, up from their previous estimate of $0.10.
GUY has been the subject of several other research reports. BMO Capital Markets lifted their price objective on Guyana Goldfields from C$7.50 to C$8.00 in a research note on Monday, October 2nd. Clarus Securities upgraded Guyana Goldfields from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. TD Securities cut their target price on Guyana Goldfields from C$8.50 to C$6.50 and set a “buy” rating on the stock in a research report on Wednesday, August 2nd. Scotiabank cut their target price on Guyana Goldfields from C$9.00 to C$7.50 and set an “outperform” rating on the stock in a research report on Thursday, August 3rd. Finally, Royal Bank Of Canada cut their target price on Guyana Goldfields from C$9.00 to C$8.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 2nd. Five analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of C$7.63.
Guyana Goldfields (TSE GUY) opened at C$4.36 on Monday.
In other Guyana Goldfields news, Director Patrick John Sheridan bought 13,200 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of C$4.38 per share, with a total value of C$57,816.00. Also, Director Scott Andrew Caldwell bought 10,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were acquired at an average cost of C$4.60 per share, for a total transaction of C$46,000.00. Insiders have bought a total of 720,500 shares of company stock worth $2,962,116 in the last three months.
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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