Eastmain Resources Inc (TSE:ER) – Investment analysts at Beacon Securities lowered their FY2018 earnings per share estimates for shares of Eastmain Resources in a note issued to investors on Thursday. Beacon Securities analyst M. Bandrowski now forecasts that the brokerage will earn ($0.04) per share for the year, down from their previous forecast of ($0.01).
Shares of Eastmain Resources (TSE:ER) traded up 2.53% during trading on Monday, reaching $0.81. The company’s stock had a trading volume of 396,270 shares. The firm’s market capitalization is $142.04 million. Eastmain Resources has a 52 week low of $0.29 and a 52 week high of $0.97. The company has a 50 day moving average price of $0.83 and a 200 day moving average price of $0.63.
In related news, Director Claude Lemasson purchased 100,000 shares of the company’s stock in a transaction that occurred on Friday, October 7th. The shares were purchased at an average price of C$0.80 per share, for a total transaction of C$80,000.00.
Eastmain Resources Company Profile
Eastmain Resources Inc is an exploration-stage company engaged in the exploration of metallic mineral resource properties within Canada. The Company’s projects include Clearwater Project, which hosts the Eau Claire Gold Deposit; Eastmain Mine Project, which hosts the Eastmain Mine Gold Deposit; Eleonore South project, which consists of approximately 280 claims covering approximately 150 square kilometers of the Opinaca area of James Bay, Quebec, and Ruby Hill Project, which is located within the Upper Eastmain River Greenstone Belt of Northern Quebec.
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