SPOT STOCK PRICEI am surprised that the the P/E ratio is a lowly 6 but the fact that it is a small cap stock so far might explain it. For a fast growing techology stock this is an extremely low ratio. Unfortunately a lot of people probaby think this is a precious metals stock as it services this particular industry. It is not.
It's strength is in it's intellectual property which is it's technical people. This company can grow rapidly without a lot of capital spending unlike the cutomers it serves.
In any case the gold producers are becoming very profitable which bodes well for SPOT that can supply drilling know how to dramatically inmprove drilling results.
There have been a lot of insider buys in the last 12 months which is positive for the stock. Spot should be able to reach new highs in the next 12 months.