Brokers Offer Predictions for TSE:MAR FY2024 Earnings

Mount Logan Capital Inc. (TSE:MAR) – Raymond James issued their FY2024 earnings estimates for Mount Logan Capital in a note issued to investors on Wednesday, November 27th. Raymond James analyst F. Hamed forecasts that the company will post earnings per share of ($0.11) for the year. Raymond James currently has a “Moderate Buy” rating on the stock. Raymond James also issued estimates for Mount Logan Capital’s FY2025 earnings at ($0.03) EPS.

Mount Logan Capital Price Performance

Shares of TSE:MAR opened at C$0.52 on Monday. Mount Logan Capital has a one year low of C$0.36 and a one year high of C$0.87. The company has a 50-day simple moving average of C$0.52. The stock has a market capitalization of C$9.21 million and a PE ratio of -20.80.

Insiders Place Their Bets

In other news, Director Edward Goldthorpe acquired 94,200 shares of the business’s stock in a transaction on Thursday, September 26th. The stock was bought at an average price of C$1.99 per share, for a total transaction of C$187,458.00.

Mount Logan Capital Company Profile

Marret Resource Corp. focuses on natural resource lending activities in Canada. The company engages in investing in public and private debt securities of companies in various natural resource sectors comprising energy, base and precious metals, and other commodities, as well as companies involved in exploration and development activities.