Scotiabank Forecasts Thesis Gold’s FY2027 Earnings (CVE:TAU)

Thesis Gold Inc. (CVE:TAUFree Report) – Equities researchers at Scotiabank dropped their FY2027 EPS estimates for shares of Thesis Gold in a note issued to investors on Thursday, September 10th. Scotiabank analyst O. Habib now expects that the company will post earnings of ($0.05) per share for the year, down from their previous forecast of ($0.02).

Several other analysts also recently weighed in on the company. TD set a C$5.00 target price on Thesis Gold and gave the company a “buy” rating in a research note on Tuesday, September 8th. TD Securities upgraded Thesis Gold to a “strong-buy” rating in a research note on Wednesday, September 9th. Two analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$4.67.

Check Out Our Latest Report on TAU

Thesis Gold Price Performance

Shares of TAU stock opened at C$3.57 on Tuesday. The company’s fifty day moving average price is C$3.22 and its two-hundred day moving average price is C$3.23. The firm has a market capitalization of C$1.05 billion, a P/E ratio of -119.00 and a beta of 3.10. Thesis Gold has a 12 month low of C$1.43 and a 12 month high of C$3.98.

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