National Bank Financial Comments on Alacer Gold Corp’s Q3 2018 Earnings (ASR)
Alacer Gold Corp (TSE:ASR) – National Bank Financial issued their Q3 2018 earnings per share (EPS) estimates for shares of Alacer Gold in a report released on Wednesday, October 10th. National Bank Financial analyst D. Demarco anticipates that the mining company will post earnings of $0.04 per share for the quarter. National Bank Financial also issued estimates for Alacer Gold’s FY2018 earnings at ($0.03) EPS and FY2019 earnings at $0.46 EPS.
Alacer Gold (TSE:ASR) last issued its earnings results on Tuesday, July 31st. The mining company reported C($0.09) earnings per share for the quarter, missing the consensus estimate of C$0.08 by C($0.17). Alacer Gold had a net margin of 34.91% and a return on equity of 11.72%. The business had revenue of C$41.74 million for the quarter.
Shares of Alacer Gold stock opened at C$2.20 on Monday. Alacer Gold has a twelve month low of C$1.96 and a twelve month high of C$2.97.
In other Alacer Gold news, Director Edward Camp Dowling sold 360,000 shares of the business’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of C$2.70, for a total value of C$972,000.00.
Alacer Gold Company Profile
Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the ÃÃ¶pler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado.
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