Beacon Securities upgraded shares of Revival Gold (CVE:RVG) from a speculative buy rating to a buy rating in a research note issued to investors on Thursday, Zacks.com reports.
CVE:RVG opened at C$0.68 on Thursday. Revival Gold has a 12-month low of C$0.43 and a 12-month high of C$0.87. The firm has a market cap of $35.38 million and a price-to-earnings ratio of -4.17. The company’s 50-day moving average is C$0.59 and its two-hundred day moving average is C$0.58.
Revival Gold (CVE:RVG) last issued its quarterly earnings results on Wednesday, November 20th. The company reported C($0.05) EPS for the quarter. As a group, equities analysts predict that Revival Gold will post -0.12 earnings per share for the current year.
Revival Gold Inc engages in the exploration and development of gold. The company holds a 100% interest in the Arnett Gold and Beartrack Gold Projects located in Lemhi County, Idaho; and 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah. It also holds interests in other gold exploration and development opportunities.
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