FY2024 Earnings Estimate for Filo Mining Corp. (CVE:FIL) Issued By Cormark

Filo Mining Corp. (CVE:FIL) – Cormark lowered their FY2024 earnings per share (EPS) estimates for shares of Filo Mining in a research note issued on Wednesday, April 24th. Cormark analyst S. Ioannou now expects that the company will post earnings per share of ($0.79) for the year, down from their previous forecast of ($0.74). The consensus estimate for Filo Mining’s current full-year earnings is ($3.24) per share. Cormark also issued estimates for Filo Mining’s FY2025 earnings at ($0.82) EPS.

A number of other research firms have also recently commented on FIL. National Bankshares set a C$35.00 price target on Filo Mining and gave the stock an “outperform” rating in a report on Monday, January 8th. Canaccord Genuity Group lifted their price target on Filo Mining from C$29.00 to C$30.00 and gave the stock a “speculative buy” rating in a report on Wednesday, April 17th. Finally, Royal Bank of Canada lifted their price target on Filo Mining from C$27.00 to C$30.00 and gave the stock an “outperform” rating in a report on Monday, January 22nd.

Filo Mining Price Performance

Shares of CVE FIL opened at C$8.97 on Monday. The stock has a market capitalization of C$1.02 billion and a price-to-earnings ratio of -46.72. The business has a 50-day moving average of C$8.97 and a 200-day moving average of C$8.97. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.86 and a quick ratio of 9.80. Filo Mining has a fifty-two week low of C$1.60 and a fifty-two week high of C$11.97.

Filo Mining (CVE:FIL) last announced its quarterly earnings data on Wednesday, March 20th. The company reported C($0.25) earnings per share for the quarter, missing the consensus estimate of C($0.21) by C($0.04).

Filo Mining Company Profile

Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina.