Guyana Goldfields Inc. (TSE:GUY) Director Jean-Pierre Chauvin sold 62,385 shares of the company’s stock in a transaction on Monday, March 20th. The shares were sold at an average price of C$6.95, for a total value of C$433,575.75.
Shares of Guyana Goldfields Inc. (TSE:GUY) traded up 5.47% on Monday, reaching $7.14. The company’s stock had a trading volume of 694,174 shares. The stock has a market cap of $1.22 billion and a P/E ratio of 44.62. Guyana Goldfields Inc. has a 52-week low of $4.35 and a 52-week high of $10.35. The firm’s 50 day moving average is $7.03 and its 200-day moving average is $6.96.
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GUY has been the topic of a number of research reports. TD Securities upped their price objective on Guyana Goldfields from C$7.50 to C$8.00 and gave the company a “buy” rating in a report on Monday, February 6th. Clarus Securities raised Guyana Goldfields from a “hold” rating to a “buy” rating in a report on Tuesday, January 10th. Scotiabank upped their price objective on Guyana Goldfields to C$11.00 and gave the company a “focus stock” rating in a report on Tuesday, January 10th. Finally, Royal Bank of Canada upped their price objective on Guyana Goldfields from C$8.00 to C$8.50 and gave the company an “outperform” rating in a report on Friday, February 3rd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$8.06.
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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