I make the current Prospective PE = 2.5.
I recall a recent statement said "too early to upgrade forecasts".
PE of 1? Well - That would require a 12.5 cent sp, a prospective $12 million profit, say a prospective $40 million gold production, and continuing public disbelief/off the radar screens. S'pose anything could happen in this market.
I plan to do some number crunching on the quarterly financials. Will comment then.