Mayfair Gold (NYSEAMERICAN:MINE) Issues Quarterly Earnings Results

Mayfair Gold (NYSEAMERICAN:MINE – Get Free Report) announced its earnings results on Thursday. The company reported ($0.09) EPS for the quarter, Zacks reports.

Mayfair Gold Price Performance

MINE stock traded down $0.11 during mid-day trading on Thursday, reaching $2.28. 65,640 shares of the stock traded hands, compared to its average volume of 106,427. Mayfair Gold has a 52-week low of $2.16 and a 52-week high of $4.88. The stock’s fifty day moving average is $2.66 and its 200-day moving average is $2.85.

Analyst Upgrades and Downgrades

Separately, Atrium Research raised shares of Mayfair Gold to a “strong-buy” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

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Mayfair Gold Company Profile

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Mayfair Gold Corp. is a Canadian gold exploration and development company focused on advancing its Fenn-Gib gold project in Ontario. The project is located in the Timmins region, an established gold-producing area of northeastern Ontario. The company’s activities center on exploring and evaluating the Fenn-Gib property. Mayfair Gold is a development-stage company and does not operate as a gold producer.

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