What’s in Guyana Goldfields Inc. After Today’s Huge Increase?

 What's in Guyana Goldfields Inc. After Today's Huge Increase?

The stock of Guyana Goldfields Inc. (TSE:GUY) is a huge mover today! About 117,119 shares traded hands. Guyana Goldfields Inc. (TSE:GUY) has risen 54.58% since March 10, 2016 and is uptrending. It has outperformed by 48.97% the S&P500.
The move comes after 5 months positive chart setup for the $1.21 billion company. It was reported on Oct, 17 by Barchart.com. We have $11.20 PT which if reached, will make TSE:GUY worth $641.30 million more.

Guyana Goldfields Inc. (TSE:GUY) Ratings Coverage

Out of 4 analysts covering Guyana Goldfields Inc. (TSE:GUY), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $12 is the highest target while $4 is the lowest. The $9.30 average target is 27.05% above today’s ($7.32) stock price. Guyana Goldfields Inc. has been the topic of 15 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, January 19. TD Securities upgraded Guyana Goldfields Inc. (TSE:GUY) on Wednesday, November 25 to “” rating. The stock of Guyana Goldfields Inc. (TSE:GUY) has “Outperform” rating given on Tuesday, January 19 by RBC Capital Markets.

More news for Guyana Goldfields Inc. (TSE:GUY) were recently published by: Reuters.com, which released: “BRIEF-Guyana Goldfields Inc announces Q1 2016 production” on April 05, 2016. Juniorminingnetwork.com‘s article titled: “Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing” and published on June 27, 2016 is yet another important article.

Guyana Goldfields Inc. is a Canada mineral development and exploration firm primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The company has a market cap of $1.21 billion. The Company’s Aurora Gold Mine is an operating gold mine project, which is located in Guyana. It has a 24.03 P/E ratio. The Firm owns approximately 100% interest in the Aurora Project, which has total proven and probable reserves of approximately 3.04 million ounces of gold.

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