GOR 2.05% $1.74 gold road resources limited

Ann: 2023 Financial Results and Final Dividend, page-5

  1. 626 Posts.
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    this is quite a good report. just back of the envelope calcs.We have a 1.5B company. 600mil of which is cash/investments.

    So we have a 900m company thats grown revenue (and profit!) by 80%. And is valued at a PE of 2. (480 revenue, 900 ev). Profit is amazingly 12% of ev). and it has no debt....

    and thats before any upside with investments or future exploration potential of which gor has plenty.

    have i missed something here or is market just not looking or caring.

    For some context and while different industries nvidia is (or was) a 1.7T company making 26B revenue and 4B profit. Thats a freaking lot of growth expectations priced into nvidia to justify its current price.
 
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