Nevada Copper Corp. to Post FY2021 Earnings of $0.01 Per Share, National Bank Financial Forecasts (TSE:NCU)

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Nevada Copper Corp. (TSE:NCU) – Research analysts at National Bank Financial reduced their FY2021 earnings per share estimates for Nevada Copper in a report released on Thursday, April 8th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings of $0.01 per share for the year, down from their previous forecast of $0.03. National Bank Financial has a “Sector Perform” rating and a $0.20 price target on the stock. National Bank Financial also issued estimates for Nevada Copper’s FY2022 earnings at $0.05 EPS.

TSE NCU opened at C$0.17 on Monday. The company has a debt-to-equity ratio of 55.12, a current ratio of 0.16 and a quick ratio of 0.16. Nevada Copper has a one year low of C$0.06 and a one year high of C$0.25. The firm has a market cap of C$305.65 million and a PE ratio of -7.39. The stock’s 50 day simple moving average is C$0.18 and its 200 day simple moving average is C$0.14.

About Nevada Copper

Nevada Copper Corp. engages in the identification, acquisition, exploration, and development of mineral properties in Nevada. The company explores for copper, gold, silver, and iron ores. Its principal property is the Pumpkin Hollow property located in Nevada, United States. The company was formerly known as Astron Resources Corporation and changed its name to Nevada Copper Corp.

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