SPR 1.18% $1.26 spartan resources limited

Gold and macro environment, page-60

  1. 5,312 Posts.
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    These are brokers 2025 median PE ratios - note the following:

    - brokers always use pessimistic POG in their estimated forward EPS so in my view if POG stays at $A3,500 or higher one could easily reduce the PE's below by 10% or more
    - note that CMM, EMR, NST plus GMD have higher PEs since they are planning significant increase in production in the next few years so there PEs are not representative. Excluding these the average PE is below 10 and probably below 9 based on POG at $A3.500

    Gold producers are very under-valued and if POG goes up even further as most analysts predict over the next year then they will become super cheap.

    https://hotcopper.com.au/data/attachments/6352/6352541-513adec4e261d426c1e3675bf8250a15.jpg

 
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