Corvus Gold (TSE:KOR) Shares Cross Above 50-Day Moving Average of $2.18

Corvus Gold Inc (TSE:KOR)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.18 and traded as high as $2.42. Corvus Gold shares last traded at $2.40, with a volume of 60,212 shares trading hands.

A number of equities analysts have recently commented on KOR shares. HC Wainwright lifted their price target on shares of Corvus Gold from C$4.40 to C$6.90 in a research report on Monday, August 19th. Fundamental Research dropped their price target on shares of Corvus Gold from C$3.85 to C$3.75 and set a “top pick” rating on the stock in a research report on Thursday, August 8th.

The stock’s 50-day moving average is C$2.19 and its 200-day moving average is C$2.06. The firm has a market cap of $267.66 million and a P/E ratio of -23.70.

Corvus Gold (TSE:KOR) last announced its earnings results on Thursday, August 8th. The company reported C($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.02). Analysts expect that Corvus Gold Inc will post -0.07 earnings per share for the current fiscal year.

About Corvus Gold (TSE:KOR)

Corvus Gold Inc acquires, explores, and develops mineral properties primarily in the United States. Its principal mineral property is the North Bullfrog Project, a gold-silver mining project that consists of patented and unpatented mining claims covering an area of approximately 7,223 hectares located in northwestern Nye County, Nevada.

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