EQN 0.00% 32.0¢ equinox resources limited.

why would we use pe of 10 for eqn.

  1. 1,480 Posts.
    lightbulb Created with Sketch. 138
    Keeping in mind the copper mine has a life of 37 years.

    Why use a PE of 10, shouldn't we use a higher PE ratio to forecast future prices...

    Look at LGL, it has more than 30mil ounces, thats why its trading on a PE much higher than 10.
 
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