NVA 0.00% 24.0¢ nova minerals limited

Most peers are still in loss position and explorer (not at...

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    Most peers are still in loss position and explorer (not at profit stage), how could someone do valuation if Price Earnings (PE) Ratio is negative.
    It is common to use PE ratio of peer companies to do valuation in they are profitable and PE is positive. I never heard that negative PE can be used for valuation.
 
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