this stock is bargain at this level. Currently producing aprox 100000 oz a year = revenue of aprox 120 mil aud at current gold prices. net profit of aproximately 60 mil!! and market cap is only 220 mil. i understand that it s a gold comany so P/E isnt the way to go because of limited life of mine etc, but to give it some perspective it has a P/E of 3.6 which is rediculous.
plus theres good exploration upside, which extend the life of mine very substantially
- Forums
- ASX - By Stock
- bargain at this level
this stock is bargain at this level. Currently producing aprox...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)