Media coverage about Stratabound Minerals Corp. (NYSE:SB) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stratabound Minerals Corp. earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.6658369469318 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
Stratabound Minerals Corp. (NYSE:SB) opened at C$3.44 on Friday. Stratabound Minerals Corp. has a 52-week low of C$1.09 and a 52-week high of C$3.79.
Stratabound Minerals Corp. (NYSE:SB) last issued its quarterly earnings data on Tuesday, October 31st. The company reported C($0.05) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C($0.05). The business had revenue of C$38.80 million during the quarter, compared to the consensus estimate of C$37.12 million. Stratabound Minerals Corp. had a negative return on equity of 4.81% and a negative net margin of 4.56%. The business’s revenue was up 37.6% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.15) earnings per share.
SB has been the subject of a number of research reports. Zacks Investment Research downgraded Stratabound Minerals Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Jefferies Group LLC restated a “hold” rating on shares of Stratabound Minerals Corp. in a research note on Friday, November 3rd. Maxim Group set a $5.00 target price on Stratabound Minerals Corp. and gave the company a “buy” rating in a research note on Thursday, October 19th. BidaskClub downgraded Stratabound Minerals Corp. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, Citigroup Inc. lifted their target price on Stratabound Minerals Corp. from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of C$3.00.
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About Stratabound Minerals Corp.
Safe Bulkers, Inc is a holding company. The Company’s principal business is the acquisition, ownership and operation of drybulk vessels. The Company’s vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world.
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