Atlantic Gold Corp (CVE:AGB) – Equities researchers at Beacon Securities cut their FY2019 earnings per share (EPS) estimates for shares of Atlantic Gold in a research note issued to investors on Tuesday, March 26th, Zacks Investment Research reports. Beacon Securities analyst M. Curran now forecasts that the company will post earnings of $0.16 per share for the year, down from their previous forecast of $0.19. Beacon Securities also issued estimates for Atlantic Gold’s FY2020 earnings at $0.19 EPS and FY2021 earnings at $0.09 EPS.
Atlantic Gold (CVE:AGB) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$0.03 earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.01). The firm had revenue of C$37.64 million during the quarter.
Shares of AGB stock traded up C$0.04 during trading hours on Thursday, hitting C$2.07. The company had a trading volume of 236,900 shares, compared to its average volume of 376,877. Atlantic Gold has a 12 month low of C$1.40 and a 12 month high of C$2.38. The firm has a market cap of $490.22 million and a P/E ratio of 17.25. The company has a current ratio of 2.86, a quick ratio of 2.20 and a debt-to-equity ratio of 75.29.
Atlantic Gold Company Profile
Atlantic Gold Corporation engages in the acquisition, exploration, and development of gold properties in Canada. Its Touquoy Gold Project covers an area of approximately 1,760 hectares located in Nova Scotia; and holds 100% interest the in Beaver Dam Gold Project. The company was formerly known as Spur Ventures Inc and changed its name to Atlantic Gold Corporation in August 2014.
Featured Article: What is a Call Option?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Atlantic Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Gold and related companies with MarketBeat.com's FREE daily email newsletter.