Analysts Set $2.38 Price Target for Auryn Resources Inc. (NASDAQ:AUG)

Shares of Auryn Resources Inc. (NASDAQ:AUG) have been assigned a consensus broker rating score of 1.33 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the company.

Brokerages have set a 12 month consensus price objective of $2.38 for the company and are anticipating that the company will post ($0.03) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Auryn Resources an industry rank of 113 out of 255 based on the ratings given to related companies.

Shares of AUG stock traded up $0.01 during trading hours on Friday, reaching $1.29. The company’s stock had a trading volume of 208,477 shares, compared to its average volume of 212,849. The firm’s 50 day simple moving average is $1.38 and its 200-day simple moving average is $1.39. Auryn Resources has a fifty-two week low of $0.98 and a fifty-two week high of $1.84.

Auryn Resources (NASDAQ:AUG) last issued its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01).

About Auryn Resources

Auryn Resources Inc, a junior mining exploration company, engages in the acquisition, exploration, and development of mineral resource properties. Its principal mineral properties are the Committee Bay gold project located in Nunavut, Canada and the Homestake Ridge project located within the Iskut-Stewart-Kitsault belt, in northwestern British Columbia.

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