Seethru Equity Comments on Reign Sapphire Corp’s FY2017 Earnings (RGNP)

Reign Sapphire Corp (OTCMKTS:RGNP) – Equities research analysts at Seethru Equity issued their FY2017 earnings per share (EPS) estimates for shares of Reign Sapphire in a report released on Wednesday. Seethru Equity analyst A. Tandon expects that the company will post earnings of ($0.07) per share for the year. Seethru Equity also issued estimates for Reign Sapphire’s FY2018 earnings at ($0.05) EPS.

Reign Sapphire (OTCMKTS RGNP) opened at $0.13 on Friday. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of -0.01. Reign Sapphire has a 52-week low of $0.03 and a 52-week high of $0.32.

Reign Sapphire (OTCMKTS:RGNP) last released its earnings results on Monday, November 13th. The company reported ($0.03) earnings per share for the quarter.

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About Reign Sapphire

Reign Sapphire Corporation is a jewelry company. The Company is focused on offering an integrate model for sapphires direct from the mine’s gate to the retail supply chain, including processing rough sapphires and gem cutting, and designing and manufacturing fine jewelry. It is a vertically integrated mine-gate to retail model for sapphires-rough sapphires to finished jewelry; a color gemstone brand, and a jewelry brand featuring Australian sapphires.

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