Guyana Gold Corp. Rated ˜Speculative Buy,'
Target Price $1.50 by Beacon Equity Research
DALLAS--(BUSINESS WIRE)--Guyana Gold Corp. (Pink Sheets: GYGC) has been rated Speculative Buy with a price target of $1.50 by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.BeaconEquity.com/reportsonline/GYGC
Anyone interested in receiving alerts regarding Guyana Gold Corp. research should e-mail members@beaconequity.com with "GYGC" in the subject line.
In the report, the analyst writes, "We believe GYGC is well-positioned for consistent double-digit revenue and earnings growth over the next several years as a result of steadily rising production from the Company's Port Kaituma joint venture project, soon-to-be closed gold claim acquisitions and a lean corporate overhead structure ... Thereafter, we expect the Company's revenues to grow at least 20 percent annually over the next five years as a result of production gains at Port Kaituma and successful exploration efforts at soon-to-be-acquired Barima-Waini gold claims."
Other companies in the alternative energy industry include Newmont Mining Corp. (NYSE: NEM), Barrick Gold Corp. (NYSE: ABX) and IAMGOLD Corp. (NYSE: IAG).
http://www.businesswire.com/portal/site/google/?ndmView...25006252&newsLang=en
Target Price $1.50 by Beacon Equity Research
DALLAS--(BUSINESS WIRE)--Guyana Gold Corp. (Pink Sheets: GYGC) has been rated Speculative Buy with a price target of $1.50 by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.BeaconEquity.com/reportsonline/GYGC
Anyone interested in receiving alerts regarding Guyana Gold Corp. research should e-mail members@beaconequity.com with "GYGC" in the subject line.
In the report, the analyst writes, "We believe GYGC is well-positioned for consistent double-digit revenue and earnings growth over the next several years as a result of steadily rising production from the Company's Port Kaituma joint venture project, soon-to-be closed gold claim acquisitions and a lean corporate overhead structure ... Thereafter, we expect the Company's revenues to grow at least 20 percent annually over the next five years as a result of production gains at Port Kaituma and successful exploration efforts at soon-to-be-acquired Barima-Waini gold claims."
Other companies in the alternative energy industry include Newmont Mining Corp. (NYSE: NEM), Barrick Gold Corp. (NYSE: ABX) and IAMGOLD Corp. (NYSE: IAG).
http://www.businesswire.com/portal/site/google/?ndmView...25006252&newsLang=en
