Published On: Mon, Sep 19th, 2016

Dalradian Resources Inc (DNA) Forecasted to Post FY2017 Earnings of ($0.05) Per Share

Dalradian Resources Inc (TSE:DNA) – Research analysts at Clarus Securities issued their FY2017 earnings per share estimates for Dalradian Resources in a research report issued to clients and investors on Thursday. Clarus Securities analyst J. Spratt expects that the firm will earn ($0.05) per share for the year. Clarus Securities also issued estimates for Dalradian Resources’ FY2018 earnings at ($0.05) EPS and FY2019 earnings at ($0.05) EPS.
Several other brokerages have also issued reports on DNA. Dundee Securities raised their target price on shares of Dalradian Resources from C$1.85 to C$2.25 and gave the company a “buy” rating in a research note on Thursday. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$2.00 target price on shares of Dalradian Resources in a research note on Friday, September 2nd. Canaccord Genuity raised their target price on shares of Dalradian Resources from C$1.75 to C$2.25 in a research note on Tuesday, July 12th. Finally, National Bank Financial raised their target price on shares of Dalradian Resources from C$1.95 to C$2.00 in a research note on Wednesday, July 13th.
Dalradian Resources (TSE:DNA) opened at 1.50 on Monday. The firm has a 50-day moving average of $1.40 and a 200 day moving average of $1.12. The firm’s market cap is $326.77 million. Dalradian Resources has a 1-year low of $0.62 and a 1-year high of $1.68.

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About Dalradian Resources
Dalradian Resources Inc is a Canada-based gold development and exploration company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties in Northern Ireland. The Company’s geographical segments are Canada and Northern Ireland. Its operations are focused on the Curraghinalt gold project in Northern Ireland.

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