Clarus Securities Research Analysts Boost Earnings Estimates for Guyana Goldfields Inc. (GUY)

Guyana Goldfields Inc. (TSE:GUY) – Research analysts at Clarus Securities raised their FY2017 earnings per share (EPS) estimates for Guyana Goldfields in a research report issued on Wednesday. Clarus Securities analyst J. Spratt now anticipates that the company will earn $0.15 per share for the year, up from their prior forecast of $0.12. Clarus Securities has a “Buy” rating on the stock.

A number of other brokerages have also commented on GUY. BMO Capital Markets boosted their price target on Guyana Goldfields from C$8.00 to C$8.50 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Royal Bank of Canada cut their price target on Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a report on Tuesday, November 28th. Five equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus price target of C$7.38.

Shares of Guyana Goldfields (TSE GUY) opened at C$4.88 on Friday. The company has a market capitalization of $844.52, a PE ratio of 44.36 and a beta of -1.33. Guyana Goldfields has a twelve month low of C$3.96 and a twelve month high of C$8.11.

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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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