Anaconda Mining Inc (TSE:ANX) – M Partners decreased their FY2020 earnings per share (EPS) estimates for Anaconda Mining in a research note issued to investors on Thursday, January 23rd. M Partners analyst B. Berhe now anticipates that the company will post earnings per share of ($0.05) for the year, down from their prior forecast of ($0.02).
Anaconda Mining stock opened at C$0.22 on Monday. The firm has a 50 day simple moving average of C$0.23 and a 200-day simple moving average of C$0.24. Anaconda Mining has a 1-year low of C$0.19 and a 1-year high of C$0.36. The company has a debt-to-equity ratio of 10.12, a current ratio of 1.12 and a quick ratio of 0.70. The stock has a market cap of $28.80 million and a price-to-earnings ratio of 107.50.
Anaconda Mining (TSE:ANX) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.01 earnings per share for the quarter, meeting the consensus estimate of C$0.01. The firm had revenue of C$8.78 million during the quarter.
Anaconda Mining Company Profile
Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 5 mining leases and 24 mineral licenses with a total of 5,878 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares situated to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland.