Brokers Set Expectations for Gold Standard Ventures Corp’s FY2020 Earnings (NYSEAMERICAN:GSV)

Gold Standard Ventures Corp (NYSEAMERICAN:GSV) – Equities researchers at B. Riley boosted their FY2020 EPS estimates for shares of Gold Standard Ventures in a note issued to investors on Tuesday, May 19th. B. Riley analyst A. Graf now forecasts that the basic materials company will post earnings of ($0.02) per share for the year, up from their previous estimate of ($0.03). B. Riley currently has a “Buy” rating and a $3.00 price target on the stock.

Separately, Zacks Investment Research raised Gold Standard Ventures from a “hold” rating to a “buy” rating and set a $0.75 target price for the company in a report on Tuesday, March 10th.

Gold Standard Ventures stock opened at $0.71 on Thursday. Gold Standard Ventures has a fifty-two week low of $0.27 and a fifty-two week high of $1.21. The firm has a 50-day moving average price of $0.96.

Gold Standard Ventures (NYSEAMERICAN:GSV) last announced its quarterly earnings results on Monday, May 11th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.01).

Institutional investors have recently bought and sold shares of the company. Toronto Dominion Bank raised its stake in Gold Standard Ventures by 33,375.4% during the 4th quarter. Toronto Dominion Bank now owns 40,840 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 40,718 shares during the last quarter. UBS Group AG raised its stake in Gold Standard Ventures by 46.8% during the 1st quarter. UBS Group AG now owns 74,573 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 23,779 shares during the last quarter. Jane Street Group LLC purchased a new stake in Gold Standard Ventures during the 4th quarter valued at approximately $52,000. Credit Suisse AG purchased a new stake in Gold Standard Ventures during the 4th quarter valued at approximately $101,000. Finally, Edge Wealth Management LLC purchased a new stake in Gold Standard Ventures during the 1st quarter valued at approximately $105,000.

About Gold Standard Ventures

Gold Standard Ventures Corp., an exploration stage company, engages in the acquisition and exploration of gold-bearing mineral resource properties in Nevada, the United States. Its flagship property is the Railroad-Pinion project covering approximately 53,569 gross acres of land in Elko County, Nevada.

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