"therefore, not until the gold production starts will there be upside...or on PE ratio of 8, a share price target of 60 cents..."
TMR is NOT a retailer leasing premises, importing stock and then selling at a profit after costs.
That means a value needs to be placed on TMR's resource assets when fairly valuing the company. In addition, I also cannot work out why you have plucked out a PE of 8.
broker share price target 62c. now 20.5c, page-12
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0.3¢ |
Change
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Mkt cap ! $3.092M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $4.222K | 1.407M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 16275000 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1304545 | 3 |
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