Wolfden Resources’ (WLF) “Speculative Buy” Rating Reaffirmed at Beacon Securities

Beacon Securities reiterated their speculative buy rating on shares of Wolfden Resources (CVE:WLF) in a research note published on Thursday morning. Beacon Securities also issued estimates for Wolfden Resources’ FY2018 earnings at ($0.05) EPS.

Wolfden Resources (CVE:WLF) opened at C$0.54 on Thursday. Wolfden Resources has a 12 month low of C$0.10 and a 12 month high of C$0.67. The stock has a market capitalization of $59.53, a PE ratio of -27.00 and a beta of 0.69.

Wolfden Resources (CVE:WLF) last announced its quarterly earnings data on Wednesday, November 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. Wolfden Resources had a negative net margin of 22,428.44% and a negative return on equity of 55.80%.

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About Wolfden Resources

Wolfden Resources Corporation is an exploration-stage company engaged in the exploration and development of mineral properties in North America. The Company operates through exploration and evaluation properties segment. Its properties include Rice Island property, Nickel Island property, Tetagouche Property, Clarence Stream property and Brunswick No.6 West Property.

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