Guyana Goldfields Inc. (TSE:GUY)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.21. Guyana Goldfields shares last traded at $1.20, with a volume of 266,838 shares trading hands.
Separately, Royal Bank of Canada cut their price objective on shares of Guyana Goldfields from C$1.75 to C$1.50 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th.
The stock has a market cap of $215.18 million and a price-to-earnings ratio of -14.63. The stock’s 50 day moving average price is C$1.19 and its two-hundred day moving average price is C$1.17. The company has a quick ratio of 1.22, a current ratio of 2.70 and a debt-to-equity ratio of 1.07.
Guyana Goldfields Company Profile (TSE:GUY)
Guyana Goldfields Inc engages in the investment, acquisition, exploration, development, and operation of gold properties in Guyana, South America. The company primarily owns a 100% interest in the Aurora Gold Mine located in Guyana. It also holds 15 prospecting licenses covering 146,571 acres. The company was incorporated in 1994 and is headquartered in Toronto, Canada.
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