OTCPicks.com


GYGC News:

June 25 - Guyana Gold Corp. Rated 'Speculative Buy,' Target Price $1.50 by Beacon Equity Research

Guyana Gold Corp. (OTC: GYGC) has been rated a “Speculative Buy” with a price target of $1.50 by Beacon Equity Research Analyst, Lisa Springer, CFA.

The full report is available at www.BeaconEquity.com/reportsonline/GYGC.

In the report, the analyst writes, “We believe GYGC is well-positioned for consistent double-digit revenue and earnings growth over the next several years as a result of steadily rising production from the Company’s Port Kaituma joint venture project, soon-to-be closed gold claim acquisitions and a lean corporate overhead structure … Thereafter, we expect the Company’s revenues to grow at least 20 percent annually over the next five years as a result of production gains at Port Kaituma and successful exploration efforts at soon-to-be-acquired Barima-Waini gold claims.”

 
< Prev   Next >
Clicky Web Analytics