Guyana Goldfields Inc. to Post Q1 2019 Earnings of $0.06 Per Share, Cormark Forecasts (GUY)

Guyana Goldfields Inc. (TSE:GUY) – Cormark issued their Q1 2019 earnings estimates for shares of Guyana Goldfields in a report released on Wednesday. Cormark analyst R. Gray expects that the company will post earnings per share of $0.06 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.

GUY has been the subject of a number of other research reports. Royal Bank of Canada decreased 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 raised their price objective on shares of Guyana Goldfields from C$7.50 to C$8.00 in a research note on Monday, October 2nd. Finally, Clarus Securities raised shares of Guyana Goldfields from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Five analysts have rated the stock with a buy rating, Guyana Goldfields has an average rating of “Buy” and a consensus target price of C$7.38.

Guyana Goldfields (GUY) traded up C$0.18 during trading on Thursday, reaching C$4.88. 670,700 shares of the company’s stock traded hands, compared to its average volume of 474,687. The firm has a market capitalization of $844.52, a price-to-earnings ratio of 44.36 and a beta of -1.33. Guyana Goldfields has a 12-month low of C$3.96 and a 12-month high of C$8.11.

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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.

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

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