TSXV:MGR.H - Post by User
Post by
fjctboot2on May 27, 2022 10:31am
331 Views
Post# 34712004
1st quarter earning report.
1st quarter earning report.I have revised my estimates for Magna Gold's quarterly earnings to a range of .03 to .034 per share. If I use the midpoint at .032 I come up with an annualized run rate of .128. or almost 13 cents for the year. Magna is currently trading at a 5 p/e so I would expect the stock to move up to the 60 cent area after earnings get announced hopefully next week. How long should it take for the stock to move if my estimate is close to being accurate? Input please!