DOM 0.00% $2.95 dominion mining limited

bargain at this level

  1. 1,104 Posts.
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    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
 
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Currently unlisted public company.

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