Royal Bank Of Canada Reiterates Outperform Rating for Guyana Goldfields Inc. (GUY)
Guyana Goldfields Inc. (TSE:GUY)‘s stock had its “outperform” rating reissued by Royal Bank Of Canada in a research report issued to clients and investors on Thursday.
Several other research analysts have also issued reports on the stock. Scotiabank reiterated a “focus stock” rating and issued a C$12.00 price target on shares of Guyana Goldfields in a research note on Wednesday, August 17th. RBC Capital Markets increased their price target on shares of Guyana Goldfields from C$8.00 to C$10.00 in a research note on Monday, July 25th. Finally, TD Securities increased their price target on shares of Guyana Goldfields from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, August 12th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$8.95.
Guyana Goldfields (TSE:GUY) opened at 5.67 on Thursday. The stock has a market capitalization of $950.79 million and a PE ratio of 24.13. Guyana Goldfields has a 1-year low of $2.48 and a 1-year high of $10.35. The firm has a 50-day moving average of $7.39 and a 200-day moving average of $8.29.
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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