now that the brakes are off

The capping at 11.5cents seems to be lifted now that accumulation is finished.
The average weekly copper price in the last quarter was $3.16 per lb.
The average weekly copper price this quarter is $3.47 per lb.
This is a 10% increase but translates to a profit increase of more than 20% for SMO.
Production this quarter is up by > 20% and yield is up by 4% with the goal to increase yields by another 15%.
Do the maths and the profits for the present quarter will be up by >50% on the last quarter. This puts the company on a P/E of 3.5