Telson Resources Inc (TSN) Expected to Post FY2017 Earnings of $0.14 Per Share

Telson Resources Inc (CVE:TSN) – Equities research analysts at Beacon Securities issued their FY2017 earnings per share estimates for Telson Resources in a research report issued on Tuesday. Beacon Securities analyst M. Bandrowski expects that the company will post earnings per share of $0.14 for the year. Beacon Securities currently has a “Buy” rating on the stock.

Separately, Fundamental Research set a C$1.82 price objective on Telson Resources and gave the stock a “buy” rating in a research note on Thursday, December 28th.

Shares of Telson Resources (CVE:TSN) opened at C$0.70 on Thursday. The company has a market capitalization of $91.92, a P/E ratio of 0.70 and a beta of -3.39. Telson Resources has a 52 week low of C$0.27 and a 52 week high of C$0.89.

Telson Resources (CVE:TSN) last issued its quarterly earnings data on Wednesday, November 29th. The company reported C($0.01) EPS for the quarter.

In related news, Director Antonio Berlanga sold 200,000 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of C$0.70, for a total transaction of C$140,000.00. Also, insider Corporativa En Fin Estrategica sold 125,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of C$0.70, for a total value of C$87,500.00. Insiders have sold 903,500 shares of company stock valued at $632,450 over the last ninety days.

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About Telson Resources

Telson Resources Inc (Telson) is a Canada-based company, which is engaged in the acquisition and exploration of mineral resource properties. The Company, through its Mexican subsidiaries, has an interest in mineral exploration properties in the Tahuehueto Project. The Tahuehueto Project is located in the mining district of northwestern Durango State.

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