Dalradian Resources Inc (DNA) to Post FY2017 Earnings of ($0.05) Per Share, Clarus Securities Forecasts
Dalradian Resources Inc (TSE:DNA) – Investment analysts at Clarus Securities issued their FY2017 earnings per share estimates for shares of Dalradian Resources in a research note issued on Thursday. Clarus Securities analyst J. Spratt expects that the firm will earn ($0.05) per share for the year. Clarus Securities also issued estimates for Dalradian Resources’ FY2018 earnings at ($0.05) EPS and FY2019 earnings at ($0.05) EPS.
Several other brokerages also recently commented on DNA. Dundee Securities lifted their target price on Dalradian Resources from C$1.85 to C$2.25 and gave the stock a “buy” rating in a research note on Thursday, September 15th. BMO Capital Markets reiterated an “outperform” rating and set a C$2.00 target price on shares of Dalradian Resources in a research note on Friday, September 2nd. Canaccord Genuity boosted their price target on Dalradian Resources from C$1.75 to C$2.25 in a research note on Tuesday, July 12th. Finally, National Bank Financial boosted their price target on Dalradian Resources from C$1.95 to C$2.00 in a research note on Wednesday, July 13th.
Shares of Dalradian Resources (TSE:DNA) traded down 0.70% during mid-day trading on Monday, hitting $1.42. The stock had a trading volume of 115,044 shares. The company’s market capitalization is $309.34 million. The stock’s 50-day moving average price is $1.40 and its 200 day moving average price is $1.12. Dalradian Resources has a 1-year low of $0.62 and a 1-year high of $1.68.
About Dalradian Resources
Dalradian Resources Inc is a Canada-based gold development and exploration company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties in Northern Ireland. The Company’s geographical segments are Canada and Northern Ireland. Its operations are focused on the Curraghinalt gold project in Northern Ireland.
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