Beacon Securities Comments on Wolfden Resources Corp’s FY2018 Earnings (WLF)

Wolfden Resources Corp (CVE:WLF) – Equities research analysts at Beacon Securities issued their FY2018 earnings per share (EPS) estimates for Wolfden Resources in a research report issued to clients and investors on Thursday. Beacon Securities analyst M. Curran forecasts that the company will post earnings per share of ($0.05) for the year. Beacon Securities currently has a “Speculative Buy” rating on the stock.

Shares of Wolfden Resources (CVE:WLF) traded up C$0.01 during midday trading on Friday, reaching C$0.57. The company’s stock had a trading volume of 128,000 shares, compared to its average volume of 228,733. The stock has a market cap of $60.50, a P/E ratio of -28.50 and a beta of 0.69. Wolfden Resources has a 12 month low of C$0.11 and a 12 month high of C$0.67.

Wolfden Resources (CVE:WLF) last released its earnings results on Wednesday, November 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. Wolfden Resources had a negative net margin of 22,428.44% and a negative return on equity of 55.80%. ILLEGAL ACTIVITY WARNING: This news story was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2018/01/19/beacon-securities-comments-on-wolfden-resources-corps-fy2018-earnings-wlf.html.

Wolfden Resources Company Profile

Wolfden Resources Corporation is an exploration-stage company engaged in the exploration and development of mineral properties in North America. The Company operates through exploration and evaluation properties segment. Its properties include Rice Island property, Nickel Island property, Tetagouche Property, Clarence Stream property and Brunswick No.6 West Property.

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