Atlantic Gold Corp (CVE:AGB) – Analysts at Desjardins reduced their FY2021 EPS estimates for shares of Atlantic Gold in a research note issued to investors on Monday, May 13th. Desjardins analyst R. Ray now expects that the company will post earnings of $0.08 per share for the year, down from their prior forecast of $0.09.
Atlantic Gold (CVE:AGB) last announced its quarterly earnings results on Tuesday, March 5th. The company reported C$0.03 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.01). The firm had revenue of C$37.64 million for the quarter.
Shares of CVE AGB opened at C$2.88 on Thursday. The firm has a market cap of $476.01 million and a PE ratio of 24.00. Atlantic Gold has a twelve month low of C$1.40 and a twelve month high of C$2.89. 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. It holds 63.2% effective ownership interests in the Touquoy gold project covering approximately 1,760 hectares; and 100% interest in the Beaver Dam gold, Cochrane Hill, and Fifteen Mile Stream projects located in Nova Scotia.
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