With over 1.01 million Auryn Resources Inc. (AUG) shares trading Monday and a closing price of $1.95 on the day, the dollar volume was approximately $1.96 million. The shares have shown a negative weekly performance of -10.14% and its price on 08/31/20 lost nearly -6.25%. Currently, there are 107.61M common shares owned by the public and among those 82.98M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for AUG have a consensus price objective of $2.88. The analysts have set the share’s price value over the next 12 months at a high of $3.25 and a low of $2.60 should the stock experience a downside. Incidentally, analysts’ outlook for the Auryn Resources Inc. stock is 1.60 for the next 12 months. The average price target is 42.65% above its last price level and an upside to the estimated low will see the stock gain 25.0% over that period. But an upside of 40.0% will see the stock hit the forecast high price target while mean target price for the stock is $2.80.
The top 3 mutual fund holders in Auryn Resources Inc. are Invesco Oppenheimer Gold & Specia, ETFMG Prime Junior Silver ETF, and LO Funds – World Gold Expertise. Invesco Oppenheimer Gold & Specia owns 2.06 million shares of the company’s stock, all valued at over $4.53 million. The company bought an additional 0.98 million shares recently to bring their total holdings to about 1.97% of the shares outstanding. ETFMG Prime Junior Silver ETF bought 5025.0 shares to see its total holdings expand to 0.57 million shares valued at over $1.25 million and representing 0.55% of the shares outstanding. LO Funds – World Gold Expertise sold 8757.0 shares to bring its total holdings to over 0.12 million shares at a value of $0.27 million. LO Funds – World Gold Expertise now owns shares totaling to 0.12% of the shares outstanding.
Shares of Auryn Resources Inc. (AMEX: AUG) opened at $2.13, up $0.05 from a prior closing price of $2.08. However, the script later closed the day at $1.95, down -6.25%. The company’s stock has a 5-day price change of -10.14% and 45.52% over the past three months. AUG shares are trading 35.42% year to date (YTD), with the 12-month market performance up to 54.76% higher. It has a 12-month low price of $0.71 and touched a high of $2.66 over the same period. Currently, 1.01 million shares have been traded, compared to an average intraday trading volume of 650.33K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.96%, -8.82%, and 33.61% respectively.
Institutional ownership of Auryn Resources Inc. (AMEX: AUG) shares accounts for 7.24% of the company’s 107.61M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $209.85M. The stock’s trailing 12-month PE ratio is 13.36, while the earnings-per-share (ttm) stands at $0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.71% over the week and 7.19% over the month.
Analysts forecast that Auryn Resources Inc. (AUG) will achieve an EPS of -$0.01 for the current quarter, $0 for the next quarter and -$0.05 for 2018. The lowest estimate earnings-per-share for the quarter is -$0.01 while analysts give the company a high EPS estimate of -$0.01. Comparatively, EPS for the current quarter was -$0.02 a year ago. Earnings per share for the fiscal year are expected to increase by 88.90%, and -400.00% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Auryn Resources Inc. (AUG) as a “Strong Buy” at a consensus score of 1.60. Specifically, 3 Wall Street analysts polled rate the stock as a buy, while 1 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”