FY2016 EPS Estimates for Golden Queen Mining Co. (GQM) Increased by M Partners
Golden Queen Mining Co. (TSE:GQM) – Research analysts at M Partners lifted their FY2016 earnings per share (EPS) estimates for Golden Queen Mining in a report released on Thursday. M Partners analyst S. Mcdougall now expects that the firm will post earnings of ($0.08) per share for the year, up from their prior estimate of ($0.09). M Partners has a “Buy” rating on the stock. M Partners also issued estimates for Golden Queen Mining’s FY2017 earnings at $0.11 EPS.
Golden Queen Mining (TSE:GQM) opened at 0.86 on Monday. The firm’s market capitalization is $95.50 million. Golden Queen Mining has a one year low of $0.67 and a one year high of $2.00. The company has a 50 day moving average price of $1.08 and a 200-day moving average price of $1.38.
About Golden Queen Mining
Golden Queen Mining Co, Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc (GQM Holdings).
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