Raging River Exploration Inc (TSE:RRX) – Stock analysts at Beacon Securities boosted their FY2016 earnings per share estimates for Raging River Exploration in a note issued to investors on Wednesday. Beacon Securities analyst L. Dunkley now expects that the brokerage will earn $0.06 per share for the year, up from their previous estimate of $0.05. Beacon Securities also issued estimates for Raging River Exploration’s Q4 2016 earnings at $0.05 EPS, Q2 2017 earnings at $0.06 EPS, Q3 2017 earnings at $0.09 EPS, Q4 2017 earnings at $0.10 EPS and FY2017 earnings at $0.32 EPS.

Earnings History and Estimates for Raging River Exploration (TSE:RRX)

RRX has been the subject of a number of other reports. Canaccord Genuity lifted their price target on shares of Raging River Exploration from C$12.50 to C$12.75 in a research report on Friday, August 12th. Scotiabank reissued a “sector perform” rating and set a C$12.00 price target on shares of Raging River Exploration in a research report on Thursday, July 21st. CIBC lifted their price target on shares of Raging River Exploration from C$12.00 to C$13.00 in a research report on Wednesday, October 19th. TD Securities reissued a “buy” rating and set a C$14.00 price target on shares of Raging River Exploration in a research report on Thursday, July 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a C$13.00 price target on shares of Raging River Exploration in a research report on Wednesday. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of C$12.64.

Raging River Exploration (TSE:RRX) opened at 10.16 on Friday. The company has a market capitalization of $2.34 billion and a P/E ratio of 236.28. The stock’s 50 day moving average is $10.89 and its 200-day moving average is $10.63. Raging River Exploration has a 52-week low of $7.17 and a 52-week high of $11.87.

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