FY2020 Earnings Forecast for Leagold Mining Corp (LMC) Issued By Clarus Securities

Leagold Mining Corp (TSE:LMC) – Research analysts at Clarus Securities upped their FY2020 EPS estimates for shares of Leagold Mining in a note issued to investors on Monday. Clarus Securities analyst J. Spratt now forecasts that the company will post earnings of $0.87 per share for the year, up from their previous forecast of $0.61. Clarus Securities currently has a “Buy” rating on the stock.

A number of other research firms also recently issued reports on LMC. Scotiabank reiterated an “outperform” rating and issued a C$5.00 target price on shares of Leagold Mining in a research report on Tuesday, November 21st. BMO Capital Markets set a C$4.25 target price on shares of Leagold Mining and gave the stock an “outperform” rating in a research report on Monday, January 8th.

Leagold Mining (TSE:LMC) traded down C$0.05 during mid-day trading on Wednesday, reaching C$2.80. 121,780 shares of the company’s stock were exchanged, compared to its average volume of 192,178. Leagold Mining has a 12 month low of C$2.51 and a 12 month high of C$3.48. The stock has a market cap of $432.16, a P/E ratio of -5.38 and a beta of -0.63.

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About Leagold Mining

Leagold Mining Corporation engages in the acquisition of gold mining properties and advanced-stage development projects in Latin America. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016. Leagold Mining Corporation is headquartered in Vancouver, Canada.

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