Royal Nickel Corp to Post FY2017 Earnings of $0.08 Per Share, Haywood Securities Forecasts (RNX)
Royal Nickel Corp (TSE:RNX) – Research analysts at Haywood Securities issued their FY2017 earnings per share estimates for Royal Nickel Corp in a research report issued to clients and investors on Monday. Haywood Securities analyst P. Vaillancourt expects that the company will earn $0.08 per share for the year. Haywood Securities also issued estimates for Royal Nickel Corp’s FY2018 earnings at $0.09 EPS.
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Shares of Royal Nickel Corp (TSE RNX) opened at 0.175 on Wednesday. Royal Nickel Corp has a 52-week low of $0.17 and a 52-week high of $0.42. The stock’s market cap is $53.77 million. The firm’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.22.
About Royal Nickel Corp
Royal Nickel Corp is a Canada-based multi-asset mineral resource company. The Company is focused primarily on the acquisition, exploration, evaluation and development of precious metal and base metal properties. The Company’s principal assets are the producing Beta Hunt gold and nickel mine, which is located approximately 559 kilometers from Perth in Kambalda, Western Australia, and the Dumont Nickel Project, which is located in the established Abitibi mining camp in the Canadian province of Quebec.
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