Paul, the latest Investor Presentation gave the following data:
CY 2015 Projected Production 55k oz gold; 500k oz silver
Hedged price for gold $1283/oz
Royalty 3.2% of net gold revenue
Revenue $83.4m ( silver included)
Operating profit - $49.8m (excluding non-operating admin salaries and overhead)
Mkt Cap - $32.9m (822m shares @ $0.04/share)
Cash Cost US$530/oz
The estimated "cash" cost US$530/oz would include Management salaries and admin overhead. The only non-cash expense, I guess, would be Depreciation/amortisation expense.
Therefore, Profit before Depreciaiton/Amortisation expense would be 55k($1283 minus $530) = $41.4m
compared to Mkt Cap $32.9m
From these numbers it would appear that the PE ratio would be below or close to 1 for CY2015.
Paul, your comment on the above would be appreciated,
PE Ratio
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $6.495M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $83.98K | 22.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 87347551 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 50249517 | 31 |
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| Last trade - 14.39pm 08/10/2024 (20 minute delay) ? |
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