Guyana Goldfields Inc. to Post FY2017 Earnings of $0.15 Per Share, Clarus Securities Forecasts (GUY)
Guyana Goldfields Inc. (TSE:GUY) – Investment analysts at Clarus Securities raised their FY2017 EPS estimates for shares of Guyana Goldfields in a research report issued to clients and investors on Wednesday. Clarus Securities analyst J. Spratt now forecasts that the company will earn $0.15 per share for the year, up from their prior forecast of $0.12. Clarus Securities currently has a “Buy” rating on the stock.
Several other brokerages have also issued reports on GUY. Royal Bank of Canada dropped their target price on shares of Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 28th. BMO Capital Markets lifted their target price on shares of Guyana Goldfields from C$8.00 to C$8.50 and gave the company an “outperform” rating in a research report on Wednesday, November 1st. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of C$7.38.
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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