Leagold Mining Corp to Post FY2019 Earnings of $0.49 Per Share, National Bank Financial Forecasts (LMC)

Leagold Mining Corp (TSE:LMC) – Stock analysts at National Bank Financial upped their FY2019 earnings per share (EPS) estimates for Leagold Mining in a research note issued to investors on Tuesday, March 26th, according to Zacks Investment Research. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.49 for the year, up from their previous estimate of $0.33. National Bank Financial also issued estimates for Leagold Mining’s FY2020 earnings at $0.44 EPS and FY2021 earnings at $0.12 EPS.

Separately, Cormark upped their price target on shares of Leagold Mining from C$4.10 to C$4.45 in a research report on Thursday, March 14th.

Shares of TSE:LMC traded down C$0.02 during mid-day trading on Friday, hitting C$1.52. The stock had a trading volume of 102,400 shares, compared to its average volume of 140,122. The company has a debt-to-equity ratio of 41.86, a quick ratio of 0.31 and a current ratio of 0.76. The company has a market cap of $432.81 million and a PE ratio of 23.03. Leagold Mining has a 12-month low of C$1.28 and a 12-month high of C$3.17.

Leagold Mining (TSE:LMC) last issued its quarterly earnings results on Thursday, March 14th. The company reported C$0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.04). The company had revenue of C$145.73 million for the quarter.

About Leagold Mining

Leagold Mining Corporation engages in the acquisition of gold mining properties and other development projects in Latin America. It holds interest in the Los Filos Mine located in Guerrero State, Mexico. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016.

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Earnings History and Estimates for Leagold Mining (TSE:LMC)

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