Nemaska Lithium Inc Forecasted to Earn Q2 2018 Earnings of ($0.01) Per Share (NMX)

Nemaska Lithium Inc (TSE:NMX) – National Bank Financial issued their Q2 2018 earnings per share estimates for Nemaska Lithium in a research report issued to clients and investors on Monday. National Bank Financial analyst R. Merer anticipates that the company will post earnings of ($0.01) per share for the quarter. National Bank Financial has a “Outperform” rating and a $2.30 price objective on the stock. National Bank Financial also issued estimates for Nemaska Lithium’s Q3 2018 earnings at ($0.01) EPS and Q4 2018 earnings at ($0.02) EPS.

Nemaska Lithium (TSE NMX) traded down C$0.02 during trading hours on Wednesday, reaching C$2.10. The company’s stock had a trading volume of 3,088,958 shares, compared to its average volume of 1,125,399. Nemaska Lithium has a twelve month low of C$0.95 and a twelve month high of C$2.25.

In related news, Director François Biron sold 125,000 shares of Nemaska Lithium stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of C$1.42, for a total value of C$177,500.00.

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About Nemaska Lithium

Nemaska Lithium Inc engages in the exploration and evaluation of hard rock lithium mining properties and related processing of spodumene into lithium compounds in Canada. The company owns 100% interests in the Whabouchi Property that consists of 33 claims covering an area of 1,716 hectares located in the Eeyou Istchee/James Bay area of Quebec province; and the Sirmac Property, which comprises 24 mining claims covering an area of 1,101 hectares located to the northwest of the town of Chibougamau and southeast of the town of Nemaskain Quebec province.

Earnings History and Estimates for Nemaska Lithium (TSE:NMX)

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