LYC 0.15% $6.81 lynas rare earths limited

Hi Jan,I'm just calculating LYC EPS and i get 5 cents! 0.056 to...

  1. 1,641 Posts.
    Hi Jan,

    I'm just calculating LYC EPS and i get 5 cents! 0.056 to be exact! Can this be correct. 5 Cents seems very low! Is that considered low EPS?

    Profit based on $10 per kg for 11M Production Rate

    Profit 110,000,000 Divide By
    Shares on Issue 1,961,160,594
    EPS = 0.056

    PE Ratio
    Current SP .31 / EPS 0.056 = PE 5.5

    For Industry Average of PE 10
    Future SP .56 / EPS 0.056 = PE 10

    So Target for 2014 of this year would be 56 cents. If everything else stays the same of course for the year.
 
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