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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.


TSX:ORV - Post by User

Bullboard Posts
Post by galaxyron Mar 18, 2011 10:28pm
409 Views
Post# 18309266

P/E ratio of below 1

P/E ratio of below 1Using the production levels of page 29 of Orvana's March Presentation.

https://www.orvana.com/investors/pdf/orvana-corporate-presentation.pdf

Orvana will produce 120,000oz of gold, 750,000oz of silver and 14,000 tonnes of copper in 2012. Using todays closing valuations for gold, copper and silver. Orvana is set to earn over $316,800,000 in 2012. and roughly 70% or $221,000.000 in 2011.

Orvana will have a P/E ratio of below 1 based upon todays closing price in 2012 and roughly 1.5 for 2011 based upon todays closing price.

Does anyone know of another company that compares. If you do please let me know so I can buy in.

Looking forward to good things.

Bullboard Posts