Guyana Goldfields (GUY) Trading 5.6% Higher

Guyana Goldfields Inc. (TSE:GUY) traded up 5.6% on Wednesday . The stock traded as high as C$4.74 and last traded at C$4.68. 219,813 shares traded hands during trading, a decline of 53% from the average session volume of 467,967 shares. The stock had previously closed at C$4.43.

Several equities research analysts have weighed in on the stock. TD Securities increased their price target on shares of Guyana Goldfields from C$6.50 to C$7.00 and gave the company a “buy” rating in a research report on Thursday. 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 for the company in a research report on Tuesday, November 28th. Finally, BMO Capital Markets raised 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. Five analysts have rated the stock with a buy rating, Guyana Goldfields presently has a consensus rating of “Buy” and a consensus target price of C$7.50.

The company has a market cap of $815.37, a PE ratio of 42.64 and a beta of -1.46.

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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.

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