Cormark Predicts Stronger Earnings for Wolfden Resources

Wolfden Resources Co. (CVE:WLFFree Report) – Analysts at Cormark lifted their FY2024 earnings per share estimates for Wolfden Resources in a report released on Wednesday, October 30th. Cormark analyst S. Ioannou now anticipates that the company will post earnings per share of $0.00 for the year, up from their prior estimate of ($0.01). The consensus estimate for Wolfden Resources’ current full-year earnings is ($0.01) per share.

Wolfden Resources Stock Performance

WLF opened at C$0.09 on Thursday. Wolfden Resources has a fifty-two week low of C$0.03 and a fifty-two week high of C$0.12. The company has a market capitalization of C$14.83 million, a P/E ratio of -9.00 and a beta of 0.58. The stock has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04.

Wolfden Resources Company Profile

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Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.

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