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Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company is engaged in the production of crushed ore, containing both gold and silver, mineral exploration, and... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > SP targets seem incorrect on here.
View:
Post by Inspired423 on Mar 22, 2023 4:15pm

SP targets seem incorrect on here.

$10 mill net earnings / $87.9 mill shares = $0.11/share

Multiple of this price is questionable given upside and required spend.  

10-12 times multiple only warranted if they establish a regular month after month steady production.  

$1.10 to $1.36 

Earnings will be used for further exploration and to get mine to 65000tpa which will require a lot more capital

Comment by wedowee5 on Mar 23, 2023 12:57am
This post has been removed in accordance with Community Policy
Comment by yehang on Apr 03, 2023 3:03pm
I think $ 1 can be this year target.