HGO
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0.00% 5.3¢ hillgrove resources limited

HGO - Chart, page-74

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    2,533 Posts.
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    31/12/23
    13:07
    Post #: 71674785
    Thanks for sharing.

    I'd be very pleased with this type of outcome, but believe its a bit optimistic.

    I am of the opinion that we'll have a very good run in the metals segment in 2024, so your $0.47 PS may not be unrealistic, but I am aiming for $0.30 PS.

    Currently the average PE for the top 220 mining companies in Australia is 7.99.

    https://companiesmarketcap.com/mining/mining-companies-ranked-by-pe-ratio/

    https://hotcopper.com.au/data/attachments/5853/5853435-dbe6919bb03abb710c9256e7178c52b5.jpg
    HGO Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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