Telson Resources Inc (TSN) to Post FY2017 Earnings of $0.14 Per Share, Beacon Securities Forecasts

Telson Resources Inc (CVE:TSN) – Equities research analysts at Beacon Securities issued their FY2017 earnings per share (EPS) estimates for shares of Telson Resources in a report issued on Tuesday. Beacon Securities analyst M. Bandrowski anticipates that the company will earn $0.14 per share for the year. Beacon Securities currently has a “Buy” rating on the stock.

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

Shares of Telson Resources (TSN) opened at C$0.77 on Thursday. Telson Resources has a one year low of C$0.27 and a one year high of C$0.89. The company has a market capitalization of $91.92, a P/E ratio of 0.73 and a beta of -3.39.

Telson Resources (CVE:TSN) last announced its quarterly earnings data on Wednesday, November 29th. The company reported C($0.01) EPS for the quarter.

In related news, insider Corporativa En Fin Estrategica sold 100,000 shares of Telson Resources stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of C$0.70, for a total transaction of C$70,000.00. Also, Director Antonio Berlanga sold 200,000 shares of Telson Resources stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of C$0.70, for a total value of C$140,000.00. Insiders sold 903,500 shares of company stock valued at $632,450 in the last three months.

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About Telson Resources

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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