Cormark Comments on Xtreme Drilling Corp’s Q3 2017 Earnings (TSE:XDC)
Xtreme Drilling Corp (TSE:XDC) – Analysts at Cormark reduced their Q3 2017 earnings per share estimates for Xtreme Drilling Corp in a research report issued to clients and investors on Tuesday. Cormark analyst J. Zhang now forecasts that the company will post earnings of ($0.06) per share for the quarter, down from their prior estimate of ($0.05). Cormark also issued estimates for Xtreme Drilling Corp’s Q4 2017 earnings at $0.00 EPS, Q1 2018 earnings at ($0.01) EPS, Q2 2018 earnings at ($0.01) EPS and FY2018 earnings at ($0.01) EPS.
A number of other equities research analysts also recently issued reports on XDC. Seaport Global Securities reissued a “neutral” rating on shares of Xtreme Drilling Corp in a research report on Tuesday. National Bank Financial dropped their target price on shares of Xtreme Drilling Corp from C$2.75 to C$2.50 and set a “sector perform” rating for the company in a report on Friday, August 4th.
TRADEMARK VIOLATION WARNING: This story was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/08/10/cormark-comments-on-xtreme-drilling-corps-q3-2017-earnings-tsexdc.html.
Shares of Xtreme Drilling Corp (TSE:XDC) opened at 1.98 on Thursday. The company has a 50 day moving average price of $2.06 and a 200-day moving average price of $2.27. The stock’s market cap is $168.48 million. Xtreme Drilling Corp has a 12 month low of $1.83 and a 12 month high of $3.05.
About Xtreme Drilling Corp
Xtreme Drilling Corp. provides onshore drilling services in Canada and the United States. It designs, assembles, and operates a fleet of onshore high specification drilling rigs featuring proprietary technology, including modular transportation systems and continuous integration of in-house advances in methodologies.
Receive News & Ratings for Xtreme Drilling Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtreme Drilling Corp and related companies with MarketBeat.com's FREE daily email newsletter.