FY2016 EPS Estimates for Royal Nickel Corp Boosted by Analyst (RNX)

Royal Nickel Corp (TSE:RNX) – Analysts at Beacon Securities increased their FY2016 EPS estimates for shares of Royal Nickel Corp in a report issued on Wednesday. Beacon Securities analyst M. Bandrowski now anticipates that the brokerage will post earnings of $0.05 per share for the year, up from their previous estimate of $0.04. Beacon Securities also issued estimates for Royal Nickel Corp’s FY2017 earnings at $0.16 EPS and FY2018 earnings at $0.18 EPS.

Earnings History and Estimates for Royal Nickel Corp (TSE:RNX)

Shares of Royal Nickel Corp (TSE:RNX) opened at 0.41 on Friday. The company’s market capitalization is $101.47 million. Royal Nickel Corp has a 52-week low of $0.12 and a 52-week high of $0.63. The company has a 50-day moving average of $0.39 and a 200 day moving average of $0.40.

Royal Nickel Corp Company Profile

Royal Nickel Corporation (Royal Nickel) is a mineral resource company focused on the acquisition, exploration, evaluation and development of mineral properties. The Company’s principal assets are its interest in the producing Beta Hunt nickel and gold mine in Western Australia, and the Dumont Nickel Project located in the Abitibi mining camp, approximately 25 kilometers northwest of Amos, Quebec, Canada.

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