FY2018 EPS Estimates for Leagold Mining Corp (LMC) Reduced by Clarus Securities

Leagold Mining Corp (TSE:LMC) – Stock analysts at Clarus Securities dropped their FY2018 earnings estimates for shares of Leagold Mining in a research note issued on Monday, October 15th. Clarus Securities analyst J. Spratt now expects that the company will post earnings of $0.34 per share for the year, down from their prior forecast of $0.45. Clarus Securities also issued estimates for Leagold Mining’s FY2020 earnings at $0.79 EPS.

A number of other research firms also recently weighed in on LMC. Canaccord Genuity decreased their price target on shares of Leagold Mining from C$5.00 to C$4.25 in a research report on Tuesday, July 24th. National Bank Financial reissued a “c$2.46” rating and set a C$4.50 price target on shares of Leagold Mining in a research report on Wednesday, July 18th. Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of C$4.60.

LMC stock opened at C$1.77 on Tuesday. Leagold Mining has a twelve month low of C$1.76 and a twelve month high of C$3.32.

Leagold Mining (TSE:LMC) last released its quarterly earnings results on Tuesday, August 14th. The company reported C$0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.06. Leagold Mining had a net margin of 0.52% and a return on equity of 0.48%. The business had revenue of C$112.19 million during 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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