HGO 1.61% 6.3¢ hillgrove resources limited

HGO - Chart, page-74

  1. 2,566 Posts.
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    Thanks for sharing.

    I'd be very pleased with this type of outcome, but believe its a bit optimistic.

    I am of the opinion that we'll have a very good run in the metals segment in 2024, so your $0.47 PS may not be unrealistic, but I am aiming for $0.30 PS.

    Currently the average PE for the top 220 mining companies in Australia is 7.99.

    https://companiesmarketcap.com/mining/mining-companies-ranked-by-pe-ratio/

    https://hotcopper.com.au/data/attachments/5853/5853435-dbe6919bb03abb710c9256e7178c52b5.jpg
 
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