$0.03 EPS Expected for Point Loma Resources Ltd (PLX)

November 12, 2017 - By Dolores Ford

 $0.03 EPS Expected for Point Loma Resources Ltd (PLX)

Investors wait Point Loma Resources Ltd (CVE:PLX) to report on November, 23. its quarterly earnings This translates into $1.26 million profit for V_PLX giving the stock a 2.50 P/E. This is assuming the current $0.03 EPS is accurate. Point Loma Resources Ltd’s Wall Street analysts see 200.00 % EPS growth, taking into account the $0.01 EPS reproted in the previous quarter, The stock decreased 3.23% or $0.01 on November 10, reaching $0.3. About 70,461 shares traded or 119.56% up from the average. Point Loma Resources Ltd (CVE:PLX) has 0.00% since November 12, 2016 and is . It has underperformed by 16.70% the S&P500.

Point Loma Resources Ltd, formerly First Mountain Exploration Inc, is a Canada gas and oil exploration and development company. The company has market cap of $12.62 million. The Firm focuses on conventional gas and oil reservoirs in Central Alberta, which covers approximately 175,000 acres. It currently has negative earnings. The Firm is engaged in acquiring, drilling and developing assets for horizontal multi-stage frac technology and exploit opportunities for secondary recovery.

More notable recent Point Loma Resources Ltd (CVE:PLX) news were published by: Seekingalpha.com which released: “Cheap Point Loma Resources Passes 1000 BOED While Overcoming Extra Startup …” on February 13, 2017, also Marketwired.com with their article: “Point Loma Resources Announces Joint Venture Funding Deal” published on April 10, 2017, Globenewswire.com published: “Point Loma Resources Announces Operational Update and Production Increases” on October 11, 2017. More interesting news about Point Loma Resources Ltd (CVE:PLX) were released by: Seekingalpha.com and their article: “From Canada With Value: Don’t Miss This Unknown, Undervalued And High Growth Play” published on February 15, 2017 as well as Globenewswire.com‘s news article titled: “Acquisition of Common Shares of Point Loma Resources Ltd. by Evenergy Company …” with publication date: June 21, 2017.

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