-$0.02 Earnings Per Share Expected for Auryn Resources Inc. (NYSE:AUG) This Quarter

Wall Street analysts expect that Auryn Resources Inc. (NYSE:AUG) will post ($0.02) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Auryn Resources’ earnings. Auryn Resources reported earnings per share of ($0.03) during the same quarter last year, which would suggest a positive year-over-year growth rate of 33.3%. The company is expected to announce its next earnings report on Tuesday, November 10th.

According to Zacks, analysts expect that Auryn Resources will report full-year earnings of ($0.09) per share for the current financial year, with EPS estimates ranging from ($0.10) to ($0.08). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.09) per share, with EPS estimates ranging from ($0.10) to ($0.08). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Auryn Resources.

Auryn Resources (NYSE:AUG) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01).

Shares of NYSE:AUG traded down $0.15 on Wednesday, hitting $1.83. 424,776 shares of the company’s stock were exchanged, compared to its average volume of 400,584. The stock has a market cap of $198.05 million, a P/E ratio of -22.88 and a beta of 1.09. Auryn Resources has a 1-year low of $0.71 and a 1-year high of $2.66.

About Auryn Resources

Auryn Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. Its two flagship properties are the Committee Bay gold project located in Nunavut, Canada; and the Sombrero copper-gold project located in Ayacucho province of Southwestern Peru.

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