FY2019 EPS Estimates for Atlantic Gold Corp (AGB) Lifted by Beacon Securities
Atlantic Gold Corp (CVE:AGB) – Stock analysts at Beacon Securities boosted their FY2019 earnings per share estimates for shares of Atlantic Gold in a research note issued to investors on Thursday, March 14th. Beacon Securities analyst M. Curran now expects that the company will post earnings per share of $0.19 for the year, up from their prior forecast of $0.18. Beacon Securities also issued estimates for Atlantic Gold’s Q4 2019 earnings at $0.06 EPS.
Several other analysts have also issued reports on the stock. Raymond James set a C$2.50 target price on shares of Atlantic Gold and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Canaccord Genuity upgraded shares of Atlantic Gold from a “speculative buy” rating to a “buy” rating in a research report on Wednesday, November 28th. Pi Financial boosted their target price on shares of Atlantic Gold from C$2.50 to C$2.65 in a research report on Wednesday, November 21st. Finally, Desjardins restated a “buy” rating on shares of Atlantic Gold in a research report on Monday, January 7th. Seven research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of C$2.82.
About Atlantic Gold
Atlantic Gold Corporation engages in the acquisition, exploration, and development of gold properties in Canada. Its Touquoy Gold Project covers an area of approximately 1,760 hectares located in Nova Scotia; and holds 100% interest the in Beaver Dam Gold Project. The company was formerly known as Spur Ventures Inc and changed its name to Atlantic Gold Corporation in August 2014.
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