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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by jonespaul178on Oct 20, 2009 12:39am
373 Views
Post# 16402556

EPS

EPSI'm new to the board so please correct me if I'm wrong.  It seems to me that YNG is trading below its forward EPS.  According to reports, YNG is slated to produce 150 000 ounces of gold per year.  Even if we take a conservative estimate of $1000/ounce for gold, we're looking at earnings of 150M.  With 352M shares outstanding, we're looking at 150M/352M ~= 0.426 cents.$0$0$0$0Whats a typical P/E ratio for junior gold stocks?  Could we be looking at a $4 SP assuming a P/E ratio of 10?  This stock could have a long rally left in it still!$0
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