See my other post - don't confuse REVENUE with EARNINGS. Even for a miner just pulling stuff out of the ground has costs, which are significant. Your P/E calculation is too optimistic by at least a factor of 2, in the short term.
Nevertheless, I agree with your sentiment that people are just dumping this stock at ridiculous prices at the moment. Of my 3 parcels, only my original buy from last year at 35c is in the green :-(
I might just have to buy some more...
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See my other post - don't confuse REVENUE with EARNINGS. Even...
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Last
$5.96 |
Change
0.005(0.08%) |
Mkt cap ! $5.617B |
Open | High | Low | Value | Volume |
$6.04 | $6.04 | $5.94 | $12.13M | 2.017M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1950 | $5.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.96 | 52327 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 7063 | 5.970 |
30 | 31946 | 5.960 |
18 | 40250 | 5.950 |
10 | 44854 | 5.940 |
13 | 16559 | 5.930 |
Price($) | Vol. | No. |
---|---|---|
5.980 | 26310 | 24 |
5.990 | 23228 | 16 |
6.000 | 86043 | 21 |
6.010 | 18593 | 9 |
6.020 | 96920 | 7 |
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