Q4 2017 EPS Estimates for Guyana Goldfields Inc. (GUY) Raised by Analyst

Guyana Goldfields Inc. (TSE:GUY) – Analysts at Cormark boosted their Q4 2017 EPS estimates for shares of Guyana Goldfields in a research report issued on Wednesday. Cormark analyst R. Gray now forecasts that the company will earn $0.13 per share for the quarter, up from their prior estimate of $0.10.

Several other equities research analysts also recently commented on the stock. BMO Capital Markets boosted their target price on shares of Guyana Goldfields from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 1st. Clarus Securities raised shares of Guyana Goldfields from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. Scotiabank decreased their target price on shares of Guyana Goldfields from C$9.00 to C$7.50 and set an “outperform” rating for the company in a research report on Thursday, August 3rd. TD Securities decreased their target price on shares of Guyana Goldfields from C$8.50 to C$6.50 and set a “buy” rating for the company in a research report on Wednesday, August 2nd. Finally, Royal Bank Of Canada decreased their target price on shares of Guyana Goldfields from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research report on Wednesday, August 2nd. Five investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of C$7.63.

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Guyana Goldfields (GUY) traded up C$0.08 on Monday, reaching C$4.59. 247,693 shares of the company’s stock traded hands, compared to its average volume of 484,639. Guyana Goldfields has a 12-month low of C$3.96 and a 12-month high of C$8.12.

In other news, insider Baupost Group L.L.C. The acquired 186,500 shares of Guyana Goldfields stock in a transaction on Thursday, September 21st. The stock was acquired at an average cost of C$4.08 per share, with a total value of C$760,920.00. Also, Director Scott Andrew Caldwell acquired 10,000 shares of Guyana Goldfields stock in a transaction on Friday, August 18th. The stock was purchased at an average cost of C$4.38 per share, with a total value of C$43,800.00. Insiders acquired a total of 720,500 shares of company stock valued at $2,962,116 over the last ninety days.

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.

Earnings History and Estimates for Guyana Goldfields (TSE:GUY)

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