OXR oxiana limited

CrassiusI think earnings is different from Revenue. ie earnings...

  1. 527 Posts.
    Crassius

    I think earnings is different from Revenue. ie earnings is profit.

    Basically put:
    EPS = (Revenue - costs) / Shares

    You need to project future profits which is a little more tricky than revenue.

    In any event resource companies are not alway priced on earnings but sometimes whats in the ground - NCM is a good example

    cheers
 
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