BCN 4.17% 2.3¢ beacon minerals limited

SP based on P/E, page-7

  1. 302 Posts.
    lightbulb Created with Sketch. 7
    Seb93, Thank you for pointing that out.
    Earnings are Net earnings. I used Gross earnings.
    AUD $2000 - AUD $870 (AISC) = AUD $1130.00 Net earnings per ounce
    25,000 ounces x $1,130 = $28,250,000.00 (net income) /3,500,000,000.00 (shares on issue after exercise) = .0081 eps
    Current P/E Ratio .047/.0081 = 5.8
    P/E Ratio of 5.8 is, as far as I can tell, well below the industry standard. Probably due to the fact that we are yet to earn.

    Regards
    Dyno
    Last edited by Dynomite: 09/08/19
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.