Guyana Goldfields Inc. (GUY) Director Buys C$57,816.00 in Stock
Guyana Goldfields Inc. (TSE:GUY) Director Patrick John Sheridan acquired 13,200 shares of the company’s stock in a transaction on Monday, August 28th. The stock was acquired at an average cost of C$4.38 per share, with a total value of C$57,816.00.
Shares of Guyana Goldfields Inc. (GUY) opened at 5.00 on Friday. Guyana Goldfields Inc. has a 12-month low of $4.10 and a 12-month high of $9.40. The stock has a 50 day moving average of $4.76 and a 200 day moving average of $6.04. The company has a market cap of $865.18 million and a price-to-earnings ratio of 45.45.
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GUY has been the subject of a number of recent research reports. Royal Bank Of Canada dropped their price objective on shares of Guyana Goldfields from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research note on Wednesday, August 2nd. TD Securities dropped their price objective on shares of Guyana Goldfields from C$8.50 to C$6.50 and set a “buy” rating for the company in a research note on Wednesday, August 2nd. BMO Capital Markets reissued an “outperform” rating and issued a C$7.50 price objective on shares of Guyana Goldfields in a research note on Wednesday, August 2nd. Finally, Scotiabank dropped their price objective on shares of Guyana Goldfields from C$9.00 to C$7.50 and set an “outperform” rating for the company in a research note on Thursday, August 3rd. Five analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of C$7.38.
About Guyana Goldfields
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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