Cormark Weighs in on Guyana Goldfields Inc.’s Q1 2019 Earnings (GUY)

Guyana Goldfields Inc. (TSE:GUY) – Equities researchers at Cormark issued their Q1 2019 earnings per share estimates for Guyana Goldfields in a note issued to investors on Wednesday. Cormark analyst R. Gray anticipates that the company will earn $0.06 per share 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 topic of several other research reports. Royal Bank of Canada dropped their target price on shares of Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a report on Tuesday, November 28th. BMO Capital Markets boosted their target price on shares of Guyana Goldfields from C$7.50 to C$8.00 in a report on Monday, October 2nd. Finally, Clarus Securities upgraded shares of Guyana Goldfields from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. Five research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of C$7.38.

Guyana Goldfields (TSE GUY) traded down C$0.03 during mid-day trading on Thursday, reaching C$4.70. 519,300 shares of the company traded hands, compared to its average volume of 421,566. The firm has a market capitalization of $818.78, a price-to-earnings ratio of 42.73 and a beta of -1.33. Guyana Goldfields has a 1-year low of C$3.96 and a 1-year high of C$8.11.

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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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