National Bank Financial Comments on Amdl Inc’s FY2018 Earnings (ASR)

Amdl Inc (TSE:ASR) – Investment analysts at National Bank Financial lowered their FY2018 earnings per share estimates for shares of Amdl in a research report issued on Tuesday, May 1st. National Bank Financial analyst D. Demarco now expects that the mining company will post earnings per share of $0.08 for the year, down from their previous estimate of $0.11. National Bank Financial also issued estimates for Amdl’s FY2020 earnings at $0.28 EPS.

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Other analysts also recently issued reports about the company. CIBC raised Amdl from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from C$2.75 to C$3.50 in a research report on Friday, February 9th. Scotiabank reissued a “sector perform” rating and set a C$3.25 price objective on shares of Amdl in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Amdl currently has an average rating of “Buy” and a consensus price target of C$3.23.

Shares of TSE:ASR opened at C$2.31 on Thursday. Amdl has a 12-month low of C$1.95 and a 12-month high of C$2.53.

Amdl (TSE:ASR) last posted its quarterly earnings results on Tuesday, February 6th. The mining company reported C$0.09 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.10). Amdl had a return on equity of 11.72% and a net margin of 34.91%. The company had revenue of C$102.37 million for the quarter.

About Amdl

Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the 枚pler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado.

Earnings History and Estimates for Amdl (TSE:ASR)