Corvus Gold Inc. (NASDAQ:KOR) Expected to Post Earnings of -$0.02 Per Share


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Equities analysts predict that Corvus Gold Inc. (NASDAQ:KOR) will post earnings of ($0.02) per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Corvus Gold’s earnings. Corvus Gold posted earnings per share of ($0.04) in the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The company is expected to report its next quarterly earnings report on Thursday, August 12th.

On average, analysts expect that Corvus Gold will report full-year earnings of ($0.12) per share for the current year, with EPS estimates ranging from ($0.13) to ($0.11). For the next year, analysts anticipate that the firm will report earnings of ($0.09) per share, with EPS estimates ranging from ($0.11) to ($0.06). Zacks’ EPS calculations are an average based on a survey of research firms that follow Corvus Gold.

Corvus Gold (NASDAQ:KOR) last released its earnings results on Wednesday, April 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.02.

Several equities research analysts have recently issued reports on the stock. Roth Capital lowered their target price on shares of Corvus Gold from $6.25 to $5.75 and set a “buy” rating for the company in a report on Friday, April 9th. BMO Capital Markets initiated coverage on shares of Corvus Gold in a report on Thursday, April 15th. They set an “outperform” rating and a $3.50 price objective for the company.

Shares of Corvus Gold stock traded down $0.06 during trading on Tuesday, hitting $2.08. The stock had a trading volume of 53,105 shares, compared to its average volume of 141,588. The firm’s fifty day simple moving average is $1.99 and its 200-day simple moving average is $2.25. The stock has a market cap of $263.77 million, a PE ratio of -16.08 and a beta of 1.39. Corvus Gold has a 12 month low of $1.41 and a 12 month high of $3.29.

About Corvus Gold

Corvus Gold, Inc mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.

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