HS, the P/E ratio also determines the share price. PDN has a P/E ratio of 33. ERA which produces more lbs of uranium per annum only has a P/E of 19.
Can we expect PEN to be given such a P/E ratio, the P/E is usually based on expectation of earnings growth.
What would you think is a reasonable P/E ratio for PEN if producing in 2012, I know you have stated 10 in the past but I think that is a little low based on PEN's potential growth ???
more reading and peoples opinion, page-13
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $283.6M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.2¢ | 8.7¢ | $1.914M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3086184 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 52516 | 4 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |