Nemaska Lithium Inc (TSE:NMX) – Equities researchers at Beacon Securities issued their FY2018 EPS estimates for Nemaska Lithium in a research note issued on Thursday, Zacks Investment Research reports. Beacon Securities analyst A. Shaath forecasts that the company will post earnings of ($0.01) per share for the year. Beacon Securities currently has a “Buy” rating on the stock. Beacon Securities also issued estimates for Nemaska Lithium’s FY2019 earnings at ($0.09) EPS, FY2020 earnings at ($0.06) EPS and FY2021 earnings at $0.05 EPS.
Nemaska Lithium (TSE:NMX) last released its quarterly earnings data on Wednesday, February 14th. The company reported C($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of C($0.01).
A number of other research analysts have also recently weighed in on the stock. Roth Capital cut shares of Nemaska Lithium from a “buy” rating to a “neutral” rating in a report on Sunday, February 25th. Eight Capital lifted their target price on shares of Nemaska Lithium from C$2.80 to C$3.00 in a research report on Wednesday, January 10th. National Bank Financial lowered shares of Nemaska Lithium from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$2.30 to C$2.40 in a research report on Wednesday, January 10th. Finally, Canaccord Genuity lifted their target price on shares of Nemaska Lithium from C$2.25 to C$2.50 in a research report on Monday, January 15th.
Nemaska Lithium (NMX) opened at C$1.38 on Monday. Nemaska Lithium has a fifty-two week low of C$0.95 and a fifty-two week high of C$2.44. The firm has a market cap of $524.46, a price-to-earnings ratio of -46.00 and a beta of 0.33.
Nemaska Lithium Company Profile
Nemaska Lithium Inc engages in the exploration and evaluation of lithium hard rock mining properties in Canada. It 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 north-west of Chibougamau.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Nemaska Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemaska Lithium and related companies with MarketBeat.com's FREE daily email newsletter.