Brokerages Anticipate Auryn Resources Inc. (NASDAQ:AUG) to Announce -$0.03 Earnings Per Share

Wall Street analysts expect Auryn Resources Inc. (NASDAQ:AUG) to post earnings of ($0.03) per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Auryn Resources’ earnings, with the lowest EPS estimate coming in at ($0.03) and the highest estimate coming in at ($0.02). Auryn Resources posted earnings of ($0.04) per share in the same quarter last year, which suggests a positive year over year growth rate of 25%. The company is scheduled to announce its next quarterly earnings results on Thursday, August 8th.

According to Zacks, analysts expect that Auryn Resources will report full year earnings of ($0.11) per share for the current year, with EPS estimates ranging from ($0.13) to ($0.08). For the next financial year, analysts expect that the business will report earnings of ($0.11) per share, with EPS estimates ranging from ($0.13) to ($0.08). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Auryn Resources.

Auryn Resources (NASDAQ:AUG) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.03.

Shares of AUG stock traded down $0.01 during midday trading on Tuesday, reaching $1.60. 48,800 shares of the company traded hands, compared to its average volume of 140,848. The business’s 50 day moving average price is $1.65. Auryn Resources has a 1-year low of $0.85 and a 1-year high of $1.84.

Auryn Resources Company Profile

Auryn Resources Inc, a junior mining exploration company, engages in the acquisition, exploration, and development of mineral resource properties. Its principal mineral properties are the Committee Bay gold project located in Nunavut, Canada and the Homestake Ridge project located within the Iskut-Stewart-Kitsault belt, in northwestern British Columbia.

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