FY2017 EPS Estimates for Alacer Gold Corp (TSE:ASR) Raised by National Bank Financial
Alacer Gold Corp (TSE:ASR) – Equities researchers at National Bank Financial boosted their FY2017 EPS estimates for shares of Alacer Gold Corp in a report released on Tuesday. National Bank Financial analyst D. Demarco now forecasts that the mining company will post earnings per share of $0.18 for the year, up from their previous estimate of $0.05. National Bank Financial has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Alacer Gold Corp’s FY2019 earnings at $0.39 EPS.
Several other equities research analysts have also recently issued reports on ASR. CIBC decreased their price objective on shares of Alacer Gold Corp from C$3.00 to C$2.75 in a research report on Wednesday, May 3rd. ValuEngine raised shares of Alacer Gold Corp from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Scotiabank reissued an “outperform” rating and issued a C$3.75 price target on shares of Alacer Gold Corp in a research report on Wednesday, May 3rd. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$3.45.
TRADEMARK VIOLATION NOTICE: “FY2017 EPS Estimates for Alacer Gold Corp (TSE:ASR) Raised by National Bank Financial” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/08/04/fy2017-eps-estimates-for-alacer-gold-corp-tseasr-raised-by-national-bank-financial.html.
Shares of Alacer Gold Corp (TSE:ASR) traded down 1.39% during mid-day trading on Friday, hitting $2.13. The stock had a trading volume of 44,804 shares. The firm has a market cap of $624.28 million and a PE ratio of 26.63. The stock’s 50-day moving average is $2.11 and its 200 day moving average is $2.38. Alacer Gold Corp has a 12 month low of $1.75 and a 12 month high of $3.79.
Alacer Gold Corp Company Profile
Receive News & Ratings for Alacer Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alacer Gold Corp and related companies with MarketBeat.com's FREE daily email newsletter.