OXR oxiana limited

Aren't they forecast to make a profit of $320 million this...

  1. 3,628 Posts.
    Aren't they forecast to make a profit of $320 million this year??

    With the way commodity prices have soared, and will continue to do so (it would seem) they are hardly overvalued at the moment. $320m profit puts them on a PE of 17. Hardly high for a rapid growth stock.

    No doubt there will be the odd harsh correction along the way, but medium term, still heading north.
 
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Currently unlisted public company.

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