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Analysts Set $2.65 Target Price for Auryn Resources Inc. (AUG)

Auryn Resources Inc. (NASDAQ:AUG) has earned an average broker rating score of 1.33 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating and two have issued a strong buy rating on the company. Auryn Resources’ rating score has improved by 11.3% in the last three months as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a one year consensus price objective of $2.65 for the company and are predicting that the company will post ($0.05) EPS for the current quarter, according to Zacks. Zacks has also given Auryn Resources an industry rank of 60 out of 255 based on the ratings given to its competitors.

Get Auryn Resources alerts: Separately, Roth Capital reiterated a “buy” rating on shares of Auryn Resources in a research report on Wednesday, February 20th.

NASDAQ AUG traded down $0.06 on Friday, reaching $1.62. 125,710 shares of the company’s stock traded hands, compared to its average volume of 142,388. Auryn Resources has a fifty-two week low of $0.85 and a fifty-two week high of $1.75.

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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