Q1 2019 Earnings Forecast for Leagold Mining Corp (LMC) Issued By Cormark

Leagold Mining Corp (TSE:LMC) – Cormark raised their Q1 2019 earnings per share (EPS) estimates for shares of Leagold Mining in a research note issued on Friday, January 18th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.13 per share for the quarter, up from their previous estimate of $0.09. Cormark also issued estimates for Leagold Mining’s Q2 2019 earnings at $0.13 EPS, Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.15 EPS, Q1 2020 earnings at $0.11 EPS, Q2 2020 earnings at $0.12 EPS, Q3 2020 earnings at $0.12 EPS and Q4 2020 earnings at $0.12 EPS.

LMC has been the subject of a number of other reports. GMP Securities reaffirmed a “buy” rating and set a C$3.50 price target on shares of Leagold Mining in a research report on Monday, November 26th. CIBC decreased their price target on shares of Leagold Mining from C$4.25 to C$3.50 in a research report on Friday, November 16th. Canaccord Genuity decreased their price target on shares of Leagold Mining from C$4.25 to C$3.50 in a research report on Thursday, October 18th. National Bank Financial cut shares of Leagold Mining from an “outperform spec overweight” rating to a “sector perform overweight” rating in a research report on Sunday, January 13th. Finally, BMO Capital Markets reissued a “buy” rating and issued a C$2.75 price objective on shares of Leagold Mining in a research report on Monday, December 17th. Four analysts have rated the stock with a buy rating, Leagold Mining presently has an average rating of “Buy” and a consensus price target of C$3.87.



Shares of Leagold Mining stock opened at C$1.94 on Monday. The company has a debt-to-equity ratio of 41.80, a current ratio of 1.33 and a quick ratio of 0.54. Leagold Mining has a twelve month low of C$1.28 and a twelve month high of C$3.17.

Leagold Mining (TSE:LMC) last announced its quarterly earnings results on Wednesday, November 14th. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.01. The business had revenue of C$145.41 million for the quarter.

Leagold Mining Company Profile

Leagold Mining Corporation engages in the acquisition of gold mining properties and other development projects in Latin America. It holds interest in the Los Filos Mine located in Guerrero State, Mexico. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016.

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Earnings History and Estimates for Leagold Mining (TSE:LMC)

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