Telson Resources Inc to Post FY2018 Earnings of $0.28 Per Share, Beacon Securities Forecasts (TSN)

Telson Resources Inc (CVE:TSN) – Research analysts at Beacon Securities issued their FY2018 earnings estimates for shares of Telson Resources in a research report issued to clients and investors on Tuesday. Beacon Securities analyst M. Bandrowski expects that the company will earn $0.28 per share for the year. Beacon Securities currently has a “Buy” rating on the stock. Beacon Securities also issued estimates for Telson Resources’ FY2019 earnings at $0.40 EPS.

Telson Resources (CVE:TSN) last posted its earnings results on Wednesday, November 29th. The company reported C($0.01) earnings per share for the quarter.

Separately, Fundamental Research set a C$1.82 target price on Telson Resources and gave the company a “buy” rating in a report on Thursday, December 28th.

Telson Resources (TSN) traded up C$0.01 during mid-day trading on Wednesday, reaching C$0.76. The company’s stock had a trading volume of 49,899 shares, compared to its average volume of 78,760. The stock has a market cap of $91.92, a price-to-earnings ratio of 0.72 and a beta of -3.39. Telson Resources has a 1-year low of C$0.27 and a 1-year high of C$0.89.

In other news, insider Corporativa En Fin Estrategica sold 178,500 shares of Telson Resources stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of C$0.70, for a total transaction of C$124,950.00. Also, Director Antonio Berlanga sold 200,000 shares of Telson Resources stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of C$0.70, for a total value of C$140,000.00. In the last quarter, insiders have sold 903,500 shares of company stock valued at $632,450.

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Telson Resources Company Profile

Telson Resources Inc (Telson) is a Canada-based company, which is engaged in the acquisition and exploration of mineral resource properties. The Company, through its Mexican subsidiaries, has an interest in mineral exploration properties in the Tahuehueto Project. The Tahuehueto Project is located in the mining district of northwestern Durango State.

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