Ned,
The value is not based on PE but on profitability and ability to reinvest those profits at an equivalent rate of return.
It's a long way off, but this should be a bull market for gold stocks so we'll see where it heads.
Stocks in bull markets tend to have higher PEs as a group (I don't worry about PE ratios for valuation however).
Ned,The value is not based on PE but on profitability and...
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Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |