Guyana Goldfields Inc. (TSE:GUY) had its price objective reduced by TD Securities from C$8.50 to C$6.50 in a report issued on Wednesday. They currently have a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada reduced their price objective on Guyana Goldfields from C$9.00 to C$8.00 and set an outperform rating for the company in a research note on Wednesday. Scotiabank reissued an outperform rating and issued a C$9.00 price objective on shares of Guyana Goldfields in a research note on Tuesday, May 2nd. Five research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus target price of C$7.38.

Guyana Goldfields (TSE:GUY) traded up 0.22% on Wednesday, hitting $4.51. The company had a trading volume of 1,176,065 shares. The firm has a 50-day moving average price of $5.55 and a 200-day moving average price of $6.35. Guyana Goldfields has a 12-month low of $4.10 and a 12-month high of $9.68. The firm has a market capitalization of $779.35 million and a PE ratio of 25.06.

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In other Guyana Goldfields news, Director Alan Louis Henry Ferry sold 27,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of C$6.03, for a total value of C$162,810.00.

About Guyana Goldfields

Guyana Goldfields Inc engages in the investment, acquisition, exploration, development, and operation of gold properties in Guyana, South America. It primarily owns a 100% interest in the Aurora gold project located in Guyana. The company also holds a contiguous 216,995 acre land package located in the Aranka district of Guyana.

Analyst Recommendations for Guyana Goldfields (TSE:GUY)

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