Guyana Goldfields Inc. Declines A lot Today, Is Now One of The Worst Performer

 Guyana Goldfields Inc. Declines A lot Today, Is Now One of The Worst Performer

The stock of Guyana Goldfields Inc. (TSE:GUY) is a huge mover today! About 60,600 shares traded hands. Guyana Goldfields Inc. (TSE:GUY) has declined 7.99% since April 20, 2016 and is downtrending. It has underperformed by 13.40% the S&P500.
The move comes after 8 months negative chart setup for the $940.03M company. It was reported on Nov, 24 by Barchart.com. We have $5.39 PT which if reached, will make TSE:GUY worth $37.60 million less.

Guyana Goldfields Inc. (TSE:GUY) Ratings Coverage

Out of 4 analysts covering Guyana Goldfields Inc. (TSE:GUY), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Guyana Goldfields Inc. has been the topic of 17 analyst reports since September 1, 2015 according to StockzIntelligence Inc. On Tuesday, January 19 the stock rating was upgraded by BMO Capital Markets to “Outperform”. On Wednesday, November 25 the stock rating was upgraded by TD Securities to “”. The firm has “Outperform” rating given on Thursday, November 17 by RBC Capital Markets. On Tuesday, January 19 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Another recent and important Guyana Goldfields Inc. (TSE:GUY) news was published by Marketwired.com which published an article titled: “Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing” on June 27, 2016.

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 $940.03 million. The Company’s Aurora Gold Mine is an operating gold mine project, which is located in Guyana. It has a 14.14 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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