Cormark Increases Earnings Estimates for Black Diamond Group

Black Diamond Group Limited (TSE:BDI) – Investment analysts at Cormark lifted their FY2025 earnings estimates for Black Diamond Group in a research report issued to clients and investors on Monday, May 5th. Cormark analyst K. Mcphee now expects that the company will post earnings per share of $0.42 for the year, up from their prior estimate of $0.36. The consensus estimate for Black Diamond Group’s current full-year earnings is $0.53 per share.

Black Diamond Group Stock Up 1.0 %

BDI opened at C$9.23 on Thursday. Black Diamond Group has a 1-year low of C$7.40 and a 1-year high of C$10.27. The firm’s 50 day simple moving average is C$8.44 and its two-hundred day simple moving average is C$8.82. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 88.46. The company has a market capitalization of C$574.66 million, a PE ratio of 23.38 and a beta of 1.54.

Insider Buying and Selling at Black Diamond Group

In related news, Director Steve Stein sold 20,000 shares of the company’s stock in a transaction on Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total transaction of C$184,000.00. Also, Senior Officer Tobias Gerald Labrie sold 3,540 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$8.35, for a total transaction of C$29,559.00. Over the last quarter, insiders sold 25,898 shares of company stock valued at $232,659. Company insiders own 23.83% of the company’s stock.

About Black Diamond Group

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.