Brokerages Expect Auryn Resources Inc. (NASDAQ:AUG) Will Post Earnings of -$0.02 Per Share

Analysts expect Auryn Resources Inc. (NASDAQ:AUG) to announce ($0.02) earnings per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Auryn Resources’ earnings. Auryn Resources reported earnings of ($0.04) per share during the same quarter last year, which would indicate a positive year over year growth rate of 50%. The firm is expected to issue its next earnings results on Thursday, August 8th.

On average, analysts expect that Auryn Resources will report full-year earnings of ($0.12) per share for the current year, with EPS estimates ranging from ($0.18) to ($0.08). For the next fiscal year, analysts forecast that the company will post earnings of ($0.14) per share, with EPS estimates ranging from ($0.18) to ($0.10). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow Auryn Resources.

Auryn Resources (NASDAQ:AUG) last posted its quarterly earnings data on Tuesday, March 26th. The company reported ($0.02) earnings per share (EPS) for the quarter.

Separately, Roth Capital reaffirmed a “buy” rating on shares of Auryn Resources in a report on Wednesday, February 20th.

NASDAQ:AUG traded down $0.11 during trading hours on Friday, hitting $1.55. 216,793 shares of the stock were exchanged, compared to its average volume of 140,742. Auryn Resources has a twelve month low of $0.85 and a twelve month 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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