Founders Advantage Capital Corp Expected to Post Q4 2020 Earnings of $0.05 Per Share (CVE:FCF)

Founders Advantage Capital Corp (CVE:FCF) – Investment analysts at Desjardins raised their Q4 2020 EPS estimates for Founders Advantage Capital in a report released on Tuesday, August 25th. Desjardins analyst G. Ho now expects that the company will earn $0.05 per share for the quarter, up from their prior estimate of $0.04. Desjardins currently has a “Buy” rating on the stock.

Founders Advantage Capital (CVE:FCF) last released its quarterly earnings results on Tuesday, May 26th. The company reported C($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of C($0.04) by C$0.02. The business had revenue of C$18.07 million for the quarter.

CVE FCF opened at C$1.31 on Wednesday. The firm has a market cap of $38.08 million and a P/E ratio of -6.65. The company has a debt-to-equity ratio of 74.05, a current ratio of 0.69 and a quick ratio of 0.56. The stock’s 50-day moving average is C$1.11 and its 200-day moving average is C$1.13. Founders Advantage Capital has a one year low of C$0.58 and a one year high of C$1.75.

About Founders Advantage Capital

Founders Advantage Capital Corp. operates as an investment issuer. The firm invests in equity, debt, or other securities of publicly traded companies or middle market privately held entities; and offers financing services in exchange for pre-determined royalties or distributions. It does not invest in commodities, energy, and natural resources.

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