$0.07 EPS Expected for Storm Resources Ltd. (SRX)

February 19, 2018 - By Vivian Currie

 $0.07 EPS Expected for Storm Resources Ltd. (SRX)

Analysts expect Storm Resources Ltd. (TSE:SRX) to report $0.07 EPS on March, 1.They anticipate $0.06 EPS change or 600.00 % from last quarter’s $0.01 EPS. T_SRX’s profit would be $8.51M giving it 7.68 P/E if the $0.07 EPS is correct. After having $0.01 EPS previously, Storm Resources Ltd.’s analysts see 600.00 % EPS growth. The stock increased 3.37% or $0.07 during the last trading session, reaching $2.15. About 3,500 shares traded. Storm Resources Ltd. (TSE:SRX) has 0.00% since February 19, 2017 and is . It has underperformed by 16.70% the S&P500.

Storm Resources Ltd. (TSE:SRX) Ratings Coverage

Among 4 analysts covering Storm Resources Ltd (TSE:SRX), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Storm Resources Ltd had 14 analyst reports since June 6, 2016 according to SRatingsIntel. The stock of Storm Resources Ltd. (TSE:SRX) earned “Market Perform” rating by Raymond James on Friday, October 13. Raymond James upgraded Storm Resources Ltd. (TSE:SRX) rating on Monday, June 6. Raymond James has “Outperform” rating and $4.50 target.

Storm Resources Ltd. acquires, explores, develops, and produces oil, natural gas, and natural gas liquids in Canada. The company has market cap of $261.35 million. It primarily owns interests in lands covering approximately an area of 109,000 net acres in 155 net sections located in Umbach, as well as interests in 119 sections covering approximately an area of 78,000 net acres situated in Horn River Basin, Northeast British Columbia. It has a 14.33 P/E ratio.

More recent Storm Resources Ltd. (TSE:SRX) news were published by: Marketwatch.com which released: “Storm Resources Ltd.” on November 12, 2015. Also Marketwired.com published the news titled: “Storm Resources Ltd. Announces Graduation to Toronto Stock Exchange” on September 25, 2017. Marketwired.com‘s news article titled: “Storm Resources Ltd. Announces Processing Arrangement at Umbach and Increased …” with publication date: September 07, 2016 was also an interesting one.

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