Analysts Estimate Report : What to Look Out for Great Bear Resources (CVE:GBR)

Earnings results for Great Bear Resources (CVE:GBR)

New Concept Energy, Inc is estimated to report earnings on 04/01/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.01.

Analyst Opinion on Great Bear Resources (CVE:GBR)

3 Wall Street analysts have issued ratings and price targets for Great Bear Resources in the last 12 months. Their average twelve-month price target is C$26.65, predicting that the stock has a possible upside of 73.50%. The high price target for GBR is C$34.00 and the low price target for GBR is C$20.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Great Bear Resources has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of C$26.65, Great Bear Resources has a forecasted upside of 73.5% from its current price of C$15.36. Great Bear Resources has received no research coverage in the past 90 days.

Dividend Strength: Great Bear Resources (CVE:GBR)

Great Bear Resources does not currently pay a dividend. Great Bear Resources does not have a long track record of dividend growth.

Insiders buying/selling: Great Bear Resources (CVE:GBR)

In the past three months, Great Bear Resources insiders have not sold or bought any company stock.

Earnings and Valuation of Great Bear Resources (CVE:GBR

The P/E ratio of Great Bear Resources is -295.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Great Bear Resources is -295.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Great Bear Resources has a P/B Ratio of 10.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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