Atlas Iron (AGO) is the remaining stock with impressive numbers. The company’s current price to tangible book ratio is 0.39, which is considerably less than the sector P/B of 0.66. The company has four operating mines and a major expansion underway in Horizon I, II, and III. Capital expenditures are expected to wind down in FY 2014, which should lower AGO’s production costs and accounts for the impressive two year earnings growth forecast. The company reported record shipments and eight analysts have a Buy recommendation on the stock.
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- Atlas Iron (AGO) is the remaining stock with impressive numbers
Atlas Iron (AGO) is the remaining stock with impressive numbers....
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