Q2 2017 Earnings Forecast for Golden Queen Mining Co. Issued By Cormark (GQM)
Golden Queen Mining Co. (TSE:GQM) – Research analysts at Cormark lowered their Q2 2017 EPS estimates for shares of Golden Queen Mining in a research report issued to clients and investors on Friday. Cormark analyst G. Jennings now expects that the firm will earn ($0.01) per share for the quarter, down from their previous estimate of $0.01. Cormark also issued estimates for Golden Queen Mining’s Q3 2017 earnings at ($0.01) EPS, Q4 2017 earnings at ($0.01) EPS, Q1 2018 earnings at $0.01 EPS, Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.01 EPS and FY2018 earnings at $0.06 EPS.
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Shares of Golden Queen Mining (TSE:GQM) opened at 0.94 on Monday. Golden Queen Mining has a 52-week low of $0.70 and a 52-week high of $1.99. The firm’s market capitalization is $104.39 million. The stock has a 50 day moving average price of $0.90 and a 200-day moving average price of $0.97.
Golden Queen Mining Company Profile
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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