Guyana Goldfields Inc. (TSE:GUY) was upgraded by stock analysts at Clarus Securities from a “hold” rating to a “buy” rating in a report issued on Tuesday.

GUY has been the subject of a number of other reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Guyana Goldfields in a research report on Thursday, November 17th. Scotiabank reaffirmed a “focus stock” rating and issued a C$11.00 target price on shares of Guyana Goldfields in a research report on Thursday, December 22nd. Finally, TD Securities decreased their target price on Guyana Goldfields from C$11.00 to C$9.00 and set a “buy” rating for the company in a research report on Monday, November 14th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$8.95.

Analyst Recommendations for Guyana Goldfields (TSE:GUY)

Guyana Goldfields (TSE:GUY) traded down 3.037% during mid-day trading on Tuesday, reaching $6.225. The company’s stock had a trading volume of 720,653 shares. The company has a market cap of $1.06 billion and a price-to-earnings ratio of 20.750. The firm has a 50 day moving average price of $5.54 and a 200 day moving average price of $7.70. Guyana Goldfields has a 52-week low of $3.24 and a 52-week high of $10.35.

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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.

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