The P/E ratio is ultimately determined by how the market (investors) value the company’s earnings, irrespective of whether it’s a single mine or commodity.If the market cap increases without a change in earnings, the P/E increases.If earnings increase but the market cap stays the same, the P/E decreases.Help me understand your reasoning.
Ann: Further Shallow Oxide Gold in Extension Drilling, page-10
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $393.6M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $2.496M | 17.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 5454776 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 230000 | 2 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MEK (ASX) Chart |