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Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."


GREY:MWSWF - Post by User

Post by commodity16on Jun 04, 2013 10:58am
74 Views
Post# 21481248

copper up, mwe down?

copper up, mwe down?

Copper prices climb to highest levels in 2 weeks and MWE still dropping?As some point you would think they will get credit for their skyrocketing earnings and production. Something dont jive when they are slated to make their entire market cap this yr ad the sp is dropping.It should be doubling at minimum just to reflect the earnings, let alone the exploration potential. And 2014 eps estimates are $0.87/ share. And the sp is $0.52/ share today? This is a joke. This stock should be getting re-rated their should be no reason the share price is anything short of $2, the average analyst target price. This copper ban thing should not be affecting mwe either as they are excempt from this, but yet it still seems to be.

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