Guyana Goldfields Inc. (GUY) Director Scott Andrew Caldwell Acquires 10,000 Shares

Guyana Goldfields Inc. (TSE:GUY) Director Scott Andrew Caldwell acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average cost of C$4.60 per share, with a total value of C$46,000.00.

Guyana Goldfields Inc. (GUY) traded down 0.22% during mid-day trading on Wednesday, reaching $4.57. The company had a trading volume of 677,431 shares. Guyana Goldfields Inc. has a 12-month low of $4.10 and a 12-month high of $9.68. The stock has a market capitalization of $790.77 million and a P/E ratio of 41.55. The stock has a 50 day moving average price of $5.13 and a 200-day moving average price of $6.24.

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GUY has been the topic of a number of research analyst reports. TD Securities reiterated a “buy” rating and set a C$9.50 price objective on shares of Guyana Goldfields in a research note on Tuesday, May 2nd. BMO Capital Markets reissued an “outperform” rating and set a C$7.50 price objective on shares of Guyana Goldfields in a report on Wednesday, August 2nd. Scotiabank reaffirmed an “outperform” rating and issued a C$9.00 price target on shares of Guyana Goldfields in a research note on Tuesday, May 2nd. Finally, Royal Bank Of Canada decreased their price objective on Guyana Goldfields from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research report on Wednesday, August 2nd. Five analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of C$7.38.

Guyana Goldfields Company Profile

Guyana Goldfields Inc (Guyana Goldfields) is a Canada-based mineral development and exploration company primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company’s Aurora Gold Mine is an operating gold mine project, which is located in Guyana.