Q1 2018 Earnings Estimate for Golden Queen Mining Co. Issued By Cormark (GQM)
Golden Queen Mining Co. (TSE:GQM) – Stock analysts at Cormark lowered their Q1 2018 earnings estimates for Golden Queen Mining in a report issued on Friday. Cormark analyst G. Jennings now anticipates that the company will post earnings per share of $0.00 for the quarter, down from their prior forecast of $0.01. Cormark also issued estimates for Golden Queen Mining’s Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.00 EPS, Q4 2018 earnings at $0.00 EPS and FY2018 earnings at $0.02 EPS.
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Golden Queen Mining (TSE:GQM) traded down 1.25% during mid-day trading on Monday, hitting $0.79. The company had a trading volume of 16,750 shares. The firm’s market cap is $87.81 million. The stock’s 50 day moving average price is $0.84 and its 200 day moving average price is $0.89. Golden Queen Mining has a 52-week low of $0.70 and a 52-week high of $1.90.
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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