Noble Financial Has Positive Outlook of CVE:MGM Q4 Earnings

Maple Gold Mines Ltd. (CVE:MGM) – Equities research analysts at Noble Financial upped their Q4 2024 earnings per share estimates for shares of Maple Gold Mines in a research report issued to clients and investors on Monday, November 18th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of $0.00 per share for the quarter, up from their previous forecast of ($0.01). The consensus estimate for Maple Gold Mines’ current full-year earnings is ($0.04) per share. Noble Financial also issued estimates for Maple Gold Mines’ Q1 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

Maple Gold Mines Stock Performance

Shares of MGM opened at C$0.05 on Wednesday. The stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The company has a debt-to-equity ratio of 5.05, a quick ratio of 4.95 and a current ratio of 2.22. The stock has a market capitalization of C$18.81 million, a PE ratio of -1.67 and a beta of 0.50. Maple Gold Mines has a 1 year low of C$0.05 and a 1 year high of C$0.10.

Maple Gold Mines Company Profile

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.