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


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Analysts expect Corvus Gold Inc. (NASDAQ:KOR) to report earnings per share (EPS) of ($0.02) for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Corvus Gold’s earnings. Corvus Gold reported earnings per share of ($0.04) in the same quarter last year, which would indicate a positive year-over-year growth rate of 50%. The business is expected to report its next quarterly earnings results on Thursday, August 12th.

According to Zacks, 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 fiscal year, analysts forecast that the firm will post earnings of ($0.09) per share, with EPS estimates ranging from ($0.11) to ($0.06). Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Corvus Gold.

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

A number of analysts have recently commented on KOR shares. Roth Capital cut their price objective on shares of Corvus Gold from $6.25 to $5.75 and set a “buy” rating on the stock in a research report on Friday, April 9th. BMO Capital Markets started coverage on shares of Corvus Gold in a research report on Thursday, April 15th. They issued an “outperform” rating and a $3.50 price objective on the stock.

Shares of Corvus Gold stock traded down $0.06 on Tuesday, hitting $2.08. The company had a trading volume of 53,105 shares, compared to its average volume of 141,588. The stock has a 50-day moving average of $1.99 and a 200-day moving average of $2.25. The firm has a market capitalization of $263.77 million, a P/E ratio of -16.08 and a beta of 1.39. Corvus Gold has a twelve month low of $1.41 and a twelve 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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