Nevada Gold & Casinos (UWN) Releases Earnings Results

Nevada Gold & Casinos (NYSEAMERICAN:UWN) released its earnings results on Thursday. The company reported $0.04 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $19.48 million during the quarter. Nevada Gold & Casinos had a net margin of 0.67% and a return on equity of 1.47%.

Nevada Gold & Casinos (UWN) traded down $0.05 during mid-day trading on Friday, hitting $2.68. 47,300 shares of the stock were exchanged, compared to its average volume of 32,802. Nevada Gold & Casinos has a twelve month low of $1.75 and a twelve month high of $2.86.

Separately, ValuEngine cut shares of Nevada Gold & Casinos from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th.

A hedge fund recently raised its stake in Nevada Gold & Casinos stock. Vanguard Group Inc. increased its holdings in shares of Nevada Gold & Casinos (NYSEAMERICAN:UWN) by 0.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 353,436 shares of the company’s stock after acquiring an additional 1,007 shares during the quarter. Vanguard Group Inc. owned about 2.10% of Nevada Gold & Casinos worth $792,000 at the end of the most recent reporting period.

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About Nevada Gold & Casinos

Nevada Gold & Casinos, Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. The Company’s segments include Washington, South Dakota, Nevada and Corporate. The Company operated a portfolio of nine mini-casinos in Washington State (Washington), which include restaurants, bars and approximately 126 table games, at April 30, 2016.

Earnings History for Nevada Gold & Casinos (NYSEAMERICAN:UWN)

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