Nemaska Lithium Inc (NMX) Forecasted to Earn Q2 2018 Earnings of ($0.01) Per Share
Nemaska Lithium Inc (TSE:NMX) – Equities researchers at National Bank Financial issued their Q2 2018 EPS estimates for shares of Nemaska Lithium in a research report issued to clients and investors on Monday. National Bank Financial analyst R. Merer anticipates that the company will earn ($0.01) per share for the quarter. National Bank Financial has a “Outperform” rating and a $2.30 price objective on the stock. National Bank Financial also issued estimates for Nemaska Lithium’s Q3 2018 earnings at ($0.01) EPS and Q4 2018 earnings at ($0.02) EPS.
Shares of Nemaska Lithium (NMX) traded down C$0.07 during trading on Wednesday, reaching C$2.12. 3,567,044 shares of the company traded hands, compared to its average volume of 1,117,008. Nemaska Lithium has a one year low of C$0.95 and a one year high of C$2.25.
Nemaska Lithium Company Profile
Nemaska Lithium Inc engages in the exploration and evaluation of hard rock lithium mining properties and related processing of spodumene into lithium compounds in Canada. The company owns 100% interests in the Whabouchi Property that consists of 33 claims covering an area of 1,716 hectares located in the Eeyou Istchee/James Bay area of Quebec province; and the Sirmac Property, which comprises 24 mining claims covering an area of 1,101 hectares located to the northwest of the town of Chibougamau and southeast of the town of Nemaskain Quebec province.
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