RE:Trailing 12 month P/E ratio of 8:1Tad wrote: P/E is quite low considering increasing grade throughput forecasted for 2023, resulting in lower AISC, along with higher ounces of production, the P/E ratio should be around 15:1 at the moment, or $1.80 per share price range ..... just for starters.
100,000 meters of exploration drilling again this year should help boost reserves and resources again.
Ridiculously cheap.
GLTA !
Earnings are in USD, so 15:1 is $2.43 CAD per share.