Guyana Goldfields Inc. (TSE:GUY) shares rose 3.4% during mid-day trading on Thursday . The stock traded as high as C$4.94 and last traded at C$4.86. Approximately 414,950 shares traded hands during trading, a decline of 7% from the average daily volume of 445,361 shares. The stock had previously closed at C$4.70.

GUY has been the subject of several analyst reports. Royal Bank of Canada lowered their price target on shares of Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating for the company in a report on Tuesday, November 28th. BMO Capital Markets raised their price target on shares of Guyana Goldfields from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a report on Wednesday, November 1st. Five equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$7.38.

The stock has a market cap of $780.92, a price-to-earnings ratio of 40.91 and a beta of -1.46.

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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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