Wolfden Resources Co. (CVE:WLF – Free Report) – Research analysts at Cormark boosted their FY2024 earnings estimates for Wolfden Resources in a note issued to investors on Wednesday, October 30th. Cormark analyst S. Ioannou now forecasts that the company will post earnings of $0.00 per share 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 Trading Down 18.2 %
CVE WLF opened at C$0.09 on Thursday. Wolfden Resources has a 12-month low of C$0.03 and a 12-month high of C$0.12. The firm’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05. The firm has a market capitalization of C$14.83 million, a P/E ratio of -9.00 and a beta of 0.58.
About Wolfden Resources
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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