Scotiabank Brokers Reduce Earnings Estimates for Thesis Gold

Thesis Gold Inc. (CVE:TAU) – Equities research analysts at Scotiabank lowered their FY2027 earnings estimates for Thesis Gold in a report released on Thursday, September 10th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of ($0.05) for the year, down from their previous estimate of ($0.02).

TAU has been the topic of several other research reports. TD set a C$5.00 target price on shares of Thesis Gold and gave the company a “buy” rating in a report on Tuesday, September 8th. TD Securities upgraded Thesis Gold to a “strong-buy” rating in a report on Wednesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$4.67.

Thesis Gold Stock Up 1.7%

Thesis Gold stock opened at C$3.57 on Tuesday. Thesis Gold has a 52-week low of C$1.43 and a 52-week high of C$3.98. The firm has a fifty day moving average of C$3.22 and a 200-day moving average of C$3.23. The firm has a market capitalization of C$1.05 billion, a P/E ratio of -119.00 and a beta of 3.10.