Share on StockTwits

Investment analysts at Morgan Stanley initiated coverage on shares of AuRico Gold (NYSE:AUQ) in a note issued to investors on Wednesday. The firm set an “equal weight” rating on the stock.

A number of other analysts have also recently weighed in on AUQ. Analysts at Zacks downgraded shares of AuRico Gold from a “neutral” rating to an “underperform” rating in a research note on Monday, August 11th. They now have a $4.20 price target on the stock. Analysts at Canaccord Genuity downgraded shares of AuRico Gold from a “buy” rating to a “hold” rating in a research note on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $4.98.

Shares of AuRico Gold (NYSE:AUQ) opened at 4.32 on Wednesday. AuRico Gold has a 52-week low of $3.33 and a 52-week high of $5.36. The stock’s 50-day moving average is $4.27 and its 200-day moving average is $4.28. The company’s market cap is $1.074 billion.

AuRico Gold (NYSE:AUQ) last announced its earnings results on Thursday, August 7th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.03. The company had revenue of $75.50 million for the quarter, compared to the consensus estimate of $70.80 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 31.1% on a year-over-year basis. On average, analysts predict that AuRico Gold will post $-0.16 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.