Atlantic Gold Corp (CVE:AGB) – Stock analysts at Beacon Securities raised their FY2018 earnings per share estimates for shares of Atlantic Gold Corp in a research note issued to investors on Thursday. Beacon Securities analyst M. Bandrowski now forecasts that the company will post earnings of $0.29 per share for the year, up from their prior forecast of $0.24. Beacon Securities also issued estimates for Atlantic Gold Corp’s FY2019 earnings at $0.28 EPS and FY2020 earnings at $0.14 EPS.
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Other equities analysts have also issued reports about the company. Raymond James Financial, Inc. set a C$1.60 target price on Atlantic Gold Corp and gave the stock an “outperform” rating in a research report on Friday, March 31st. National Bank Financial set a C$2.15 price objective on Atlantic Gold Corp and gave the company an “outperform” rating in a research report on Wednesday, June 7th.
In other news, insider Ryan K. Beedie bought 261,900 shares of the business’s stock in a transaction on Wednesday, May 31st. The shares were purchased at an average price of C$1.48 per share, for a total transaction of C$387,612.00. Also, insider Ryan K. Beedie bought 100,000 shares of the business’s stock in a transaction on Wednesday, June 21st. The stock was purchased at an average price of C$1.43 per share, for a total transaction of C$143,000.00. Insiders acquired a total of 673,800 shares of company stock worth $996,343 in the last 90 days.
Atlantic Gold Corp Company Profile
Atlantic Gold Corporation is a Canada-based exploration and development gold mining company. The Company is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project (MRC Project), Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities.
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