this stock is bargain at this level. Currently producing aprox 100000 oz a year = revenue of aprox 120 mil aud at current gold prices. net profit of aproximately 60 mil!! and market cap is only 220 mil. i understand that it s a gold comany so P/E isnt the way to go because of limited life of mine etc, but to give it some perspective it has a P/E of 3.6 which is rediculous.
plus theres good exploration upside, which extend the life of mine very substantially
DOM Price at posting:
$2.10 Sentiment: Buy Disclosure: Held