Iron Bridge Resources Inc (TSE:IBR) – Equities research analysts at Cormark issued their Q1 2018 EPS estimates for Iron Bridge Resources in a note issued to investors on Wednesday. Cormark analyst A. Arif anticipates that the company will post earnings per share of $0.00 for the quarter. Cormark also issued estimates for Iron Bridge Resources’ Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.01 EPS, FY2018 earnings at $0.02 EPS and FY2019 earnings at $0.03 EPS.

How to Become a New Pot Stock Millionaire

Separately, National Bank Financial cut shares of Iron Bridge Resources from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$1.00 to C$0.75 in a research report on Thursday.

Shares of Iron Bridge Resources (TSE IBR) opened at C$0.52 on Friday. The stock has a market cap of $87.41, a price-to-earnings ratio of -0.35 and a beta of 1.76. Iron Bridge Resources has a 1 year low of C$0.42 and a 1 year high of C$0.84.

In related news, Director Josh Young purchased 430,500 shares of Iron Bridge Resources stock in a transaction that occurred on Tuesday, January 23rd. The stock was purchased at an average cost of C$0.68 per share, with a total value of C$292,740.00. Over the last three months, insiders purchased 2,108,000 shares of company stock valued at $1,322,765.

TRADEMARK VIOLATION NOTICE: “Equities Analysts Set Expectations for Iron Bridge Resources Inc’s Q1 2018 Earnings (IBR)” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/equities-analysts-set-expectations-for-iron-bridge-resources-incs-q1-2018-earnings-ibr/1959486.html.

Iron Bridge Resources Company Profile

Iron Bridge Resources Inc engages in the exploration, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin, primarily in the province of Alberta, Canada. It holds natural gas operations at Kaybob and Gilby, as well as develops Montney light oil assets in West Central Alberta.

Receive News & Ratings for Iron Bridge Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iron Bridge Resources and related companies with MarketBeat.com's FREE daily email newsletter.