Gran Colombia Gold (TSE:GCM) had its price objective lowered by Fundamental Research from C$9.32 to C$9.17 in a report published on Tuesday, Analyst Ratings Network reports. The brokerage currently has a buy rating on the stock.
“Fundamental Research Corp has issued a report entitled “Offering 19% Higher Yield than Seniors” and dated November 17, 2021. The full report is now at www.researchfrc.com.
GCM is an FRC Top Pick.
,” the firm’s analyst commented.
Gran Colombia Gold (TSE:GCM) last issued its quarterly earnings data on Thursday, November 11th. The company reported C$0.16 earnings per share for the quarter, missing the consensus estimate of C$0.52 by C($0.36). The company had revenue of C$114.23 million for the quarter. On average, analysts predict that Gran Colombia Gold will post 1.5027473 EPS for the current year.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 15th. Stockholders of record on Tuesday, November 30th will be issued a dividend of $0.015 per share. The ex-dividend date of this dividend is Monday, November 29th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.40%. Gran Colombia Gold’s dividend payout ratio is currently 6.84%.
In other Gran Colombia Gold news, Director Hernan Martinez acquired 13,000 shares of the firm’s stock in a transaction that occurred on Friday, September 10th. The stock was purchased at an average cost of C$4.66 per share, for a total transaction of C$60,550.10. Following the completion of the acquisition, the director now owns 356,001 shares of the company’s stock, valued at approximately C$1,658,145.86.
About Gran Colombia Gold
Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, and Sandra K underground mines located in Colombia.
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