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.
NVA - valuation $0.148 for Estelle based on Maiden JORC Oxide Korbel and RPM Hole SE12-008, page-80
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $45.16M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $19.36K | 94.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18637 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 4486 | 2 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
0.005 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 21.0¢ | 20.5¢ | 13500 | ||
| Last updated 14.58pm 14/06/2024 ? | |||||
| NVA (ASX) Chart |