Analysts Set Guyana Goldfields Inc. (TSE:GUY) Price Target at $9.55
Shares of Guyana Goldfields Inc. (TSE:GUY) have been assigned a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the firm. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$9.55.
A number of research analysts have commented on GUY shares. Scotiabank reiterated a “focus stock” rating and set a C$12.00 price target on shares of Guyana Goldfields in a research report on Wednesday, August 17th. RBC Capital Markets increased their price objective on Guyana Goldfields from C$8.00 to C$10.00 in a research note on Monday, July 25th. M Partners reissued a “buy” rating on shares of Guyana Goldfields in a research note on Monday, July 18th. Royal Bank Of Canada dropped their price objective on Guyana Goldfields from C$10.00 to C$8.00 in a research note on Tuesday, July 26th. Finally, TD Securities increased their price objective on Guyana Goldfields from C$10.00 to C$11.00 and gave the company a “buy” rating in a research note on Friday, August 12th.
Shares of Guyana Goldfields (TSE:GUY) opened at 6.96 on Tuesday. Guyana Goldfields has a 52 week low of $2.48 and a 52 week high of $10.35. The firm’s 50-day moving average is $8.63 and its 200-day moving average is $7.94. The company has a market cap of $1.17 billion and a price-to-earnings ratio of 29.62.
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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