Noble Financial Brokers Boost Earnings Estimates for CVE:MGM

Maple Gold Mines Ltd. (CVE:MGM) – Equities researchers at Noble Financial raised their Q4 2024 earnings estimates for Maple Gold Mines in a report issued on Monday, November 18th. Noble Financial analyst M. Reichman now forecasts that the company will earn $0.00 per share for the quarter, up from their previous estimate of ($0.01). The consensus estimate for Maple Gold Mines’ current full-year earnings is ($0.04) per share. Noble Financial also issued estimates for Maple Gold Mines’ Q1 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

Maple Gold Mines Trading Down 9.1 %

Shares of MGM stock opened at C$0.05 on Wednesday. The stock’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The firm has a market capitalization of C$18.81 million, a P/E ratio of -1.67 and a beta of 0.50. Maple Gold Mines has a twelve month low of C$0.05 and a twelve month high of C$0.10. The company has a quick ratio of 4.95, a current ratio of 2.22 and a debt-to-equity ratio of 5.05.

Maple Gold Mines Company Profile

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.