Alacer Gold Corp (TSE:ASR) – Equities research analysts at National Bank Financial decreased their FY2018 earnings per share (EPS) estimates for Alacer Gold Corp in a note issued to investors on Tuesday. National Bank Financial analyst D. Demarco now anticipates that the mining company will post earnings of $0.04 per share for the year, down from their previous forecast of $0.05. National Bank Financial currently has a “Sector Perform Market Weight” rating on the stock.

ASR has been the topic of several other research reports. Scotiabank reaffirmed an “outperform” rating and set a C$3.75 price target on shares of Alacer Gold Corp in a research report on Wednesday, May 3rd. CIBC reduced their price target on shares of Alacer Gold Corp from C$3.00 to C$2.75 in a research report on Wednesday, May 3rd. Finally, ValuEngine raised shares of Alacer Gold Corp from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$3.45.

COPYRIGHT VIOLATION NOTICE: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/08/04/national-bank-financial-analysts-lower-earnings-estimates-for-alacer-gold-corp-asr.html.

Alacer Gold Corp (ASR) traded down 0.93% on Thursday, hitting $2.14. The stock had a trading volume of 349,311 shares. The stock has a market cap of $627.21 million and a PE ratio of 26.75. The firm’s 50 day moving average price is $2.11 and its 200-day moving average price is $2.38. Alacer Gold Corp has a 12 month low of $1.75 and a 12 month high of $3.79.

About Alacer Gold Corp

Earnings History and Estimates for Alacer Gold Corp (TSE:ASR)

Receive News & Stock Ratings for Alacer Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alacer Gold Corp and related stocks with our FREE daily email newsletter.