FY2019 EPS Estimates for Atlantic Gold Corp Raised by National Bank Financial (AGB)

Atlantic Gold Corp (CVE:AGB) – Research analysts at National Bank Financial boosted their FY2019 EPS estimates for shares of Atlantic Gold in a research note issued on Monday. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.27 for the year, up from their prior estimate of $0.23.

Atlantic Gold (CVE:AGB) last announced its quarterly earnings data on Tuesday, November 28th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C($0.01).

Several other equities analysts have also recently issued reports on the stock. Desjardins reaffirmed a “buy” rating and issued a C$2.25 price objective on shares of Atlantic Gold in a research note on Tuesday, November 28th. Raymond James Financial lifted their target price on shares of Atlantic Gold from C$2.00 to C$2.10 in a research report on Monday, October 23rd.

Shares of Atlantic Gold (CVE AGB) traded up C$0.02 on Wednesday, hitting C$1.71. 139,709 shares of the stock traded hands, compared to its average volume of 357,722. The firm has a market cap of $308.03, a PE ratio of -56.33 and a beta of -0.06. Atlantic Gold has a 12 month low of C$0.88 and a 12 month high of C$1.87.

In other news, insider Ryan K. Beedie bought 68,200 shares of the company’s stock in a transaction dated Friday, November 17th. The shares were acquired at an average cost of C$1.38 per share, with a total value of C$94,116.00. Also, insider Ryan K. Beedie bought 20,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average cost of C$1.38 per share, for a total transaction of C$27,600.00. Over the last three months, insiders bought 98,200 shares of company stock worth $135,616.

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About Atlantic Gold

Atlantic Gold Corporation is a Canada-based exploration and development gold mining company. The Company is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project (MRC Project), Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities.

Earnings History and Estimates for Atlantic Gold (CVE:AGB)

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