RE:RE:RE:NSU P/E Ratio At 56 Times Earnings
Anytime Rider. First of all I do not have my life savings in NSU and I hope you do not either. Second of all I repeat the PE ratio has NOTHING, ZERO , NADA to do with NSU and its current or future valuation. These guys are in transition and will easily produce over $1 of cash flow per share from Timok alone in 3 years or so. So we are trading at 2 times 2021 cash flow. If you cannot wrap your head around that then move on. "Mature" as you state miners like Kinross (5B market cap) trades at 68 times 2017 estimates. Agnico Eagle Mines (10B market cap) trades at 68 times 2017 estimates. Eldorado Gold (2.6B cap) trades at 47 times 2017 earnings. There are 150 more examples if you like and some are bigger and not even making money. It means nothing right now for NSU and lets hope we are independent long enough for it to mean something in the future...