AuRico Gold Upgraded to Neutral at Zacks (AUQ)
AuRico Gold (NYSE:AUQ) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday, American Banking & Market News reports. The firm currently has a $4.40 price objective on the stock. Zacks‘ price objective points to a potential upside of 1.38% from the stock’s previous close.
Shares of AuRico Gold (NYSE:AUQ) traded up 3.23% during mid-day trading on Wednesday, hitting $4.48. The stock had a trading volume of 2,016,264 shares. AuRico Gold has a 52 week low of $3.33 and a 52 week high of $8.29. The stock has a 50-day moving average of $3.70 and a 200-day moving average of $4.15. The company’s market cap is $1.109 billion.
AuRico Gold (NYSE:AUQ) last announced its earnings results on Thursday, November 7th. The company reported $0.00 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.02. The company had revenue of $54.30 million for the quarter, compared to the consensus estimate of $54.02 million. During the same quarter last year, the company posted $0.10 earnings per share. AuRico Gold’s revenue was up 36.5% compared to the same quarter last year. On average, analysts predict that AuRico Gold will post $0.08 earnings per share for the current fiscal year.
AuRico Gold Inc is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties.
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