CEB2 - re your 2 questions:
1/. EPS (earnings per share) = net profit after tax divided by the number of shares on issue.
2/. PE ratio = (Price per share /Earnings Per Share)
If PE ratio = 13 (average for AUS Gold Sector) and EPS = 1.854 (average over 10yr life of mine)
PE = Price per share/EPS
13 = Price per share/1.854
Price per share = 13 * 1.854 (= 24cents)
Hope that makes sense - and glad to see RED starting to turn green, even though didn't get my order filled today.
target price, page-27
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Last
35.0¢ |
Change
-0.020(5.41%) |
Mkt cap ! $2.380B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.0¢ | $3.637M | 10.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 1232084 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 509324 | 8 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |