Royal Nickel Corp (TSE:RNX) – Analysts at Beacon Securities lowered their FY2016 earnings estimates for Royal Nickel Corp in a report released on Monday. Beacon Securities analyst M. Bandrowski now expects that the brokerage will earn $0.04 per share for the year, down from their prior forecast of $0.05. Beacon Securities also issued estimates for Royal Nickel Corp’s FY2017 earnings at $0.14 EPS and FY2019 earnings at $0.15 EPS.
Royal Nickel Corp (TSE:RNX) opened at 0.405 on Wednesday. Royal Nickel Corp has a 12 month low of $0.12 and a 12 month high of $0.63. The company’s market cap is $100.23 million. The company’s 50-day moving average is $0.38 and its 200 day moving average is $0.39.
Royal Nickel Corp Company Profile
Royal Nickel Corporation (Royal Nickel) is a mineral resource company focused on the acquisition, exploration, evaluation and development of mineral properties. The Company’s principal assets are its interest in the producing Beta Hunt nickel and gold mine in Western Australia, and the Dumont Nickel Project located in the Abitibi mining camp, approximately 25 kilometers northwest of Amos, Quebec, Canada.
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