Latest ValuEngine RecommendationVALUENGINE RECOMMENDATION
ValuEngine has issued a HOLD recommendation for HIGH RIVER GOLD MINE
LTD on Jun 01, 2010. Based on the information we have gathered and our
resulting research, we feel that HIGH RIVER GOLD MINE LTD has the
probability to ROUGHLY MATCH average market performance for the next
year. The company exhibits ATTRACTIVE momentum and market valuation,
but UNATTRACTIVE volatility and P/E ratio.
FAIR MARKET VALUATION PRICE
Based on available data as of Jun 01, 2010, we believe that HRG should be
trading at $1.67. This makes HRG 51.40% undervalued. Fair Value indicates
what we believe the stock should be trading at today if the stock market were
perfectly efficient and everything traded at its true worth. For HRG, we base this
on actual earnings per share (EPS) for the previous four quarters of -0.03,
forecasted EPS for the next four quarters of 0.09. There are an additional 10
firm specific and interest rate related parameters, each playing a role in the
valuation analysis.