AuRico Gold (NYSE:AUQ) declared a quarterly dividend on Wednesday, June 12th, Analyst Ratings.Net reports. Investors of record on Tuesday, January 14th will be given a dividend of $0.04 per share on Wednesday, January 29th. This represents a $0.16 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Friday, January 10th.
AUQ has been the subject of a number of recent research reports. Analysts at Desjardins upgraded shares of AuRico Gold from a “hold” rating to a “buy” rating in a research note to investors on Monday, May 13th. On the ratings front, analysts at Scotiabank cut their price target on shares of AuRico Gold from C$8.00 to C$6.50 in a research note to investors on Wednesday, April 17th. They now have a “sector perform” rating on the stock.
Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $8.54.
Shares of AuRico Gold (NYSE: AUQ) opened at 4.98 on Thursday. AuRico Gold has a 52 week low of $4.24 and a 52 week high of $8.72. The stock’s 50-day moving average is currently $4.93. The company has a market cap of $1.229 billion and a P/E ratio of 30.55.
AuRico Gold (NYSE: AUQ) last announced its earnings results on Thursday, May 9th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.01. The company had revenue of $64.90 million for the quarter, compared to the consensus estimate of $60.30 million. During the same quarter last year, the company posted $0.13 earnings per share. AuRico Gold’s revenue was down 42.3% compared to the same quarter last year. On average, analysts predict that AuRico Gold will post $0.23 earnings per share for the current fiscal year.
AuRico Gold Inc. is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties.