Cormark Comments on Aquila Resources Inc’s FY2021 Earnings (AQA)
Aquila Resources Inc (TSE:AQA) – Stock analysts at Cormark reduced their FY2021 earnings estimates for Aquila Resources in a research report issued on Wednesday. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of $0.19 for the year, down from their previous forecast of $0.22.
Shares of Aquila Resources (TSE AQA) traded up C$0.01 during mid-day trading on Friday, hitting C$0.25. 53,000 shares of the stock were exchanged, compared to its average volume of 104,626. Aquila Resources has a 12-month low of C$0.20 and a 12-month high of C$0.31. The company has a market cap of $82.55, a P/E ratio of -6.25 and a beta of -0.67.
Aquila Resources Inc is engaged in exploration for and development of mineral properties. The Company operates through the acquisition and exploration of precious metals projects segment. The primary asset of the Company is its interest in the Back Forty Project located in Menominee County, Michigan.
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