RE:AMZG's EV (US$200m), AMER's (US$430m), IOX's (US$73m) So Mr Perd, one has to ask, how does AMZG do it?
1) The ability to elevate their EV is a tribute, in some fashion to AMZG management! Put PTA CFO on a plane to ND, USA, and let his get schooled by the AMZG CFO!
2) The AMZG assets are in the USA (would be the same if in Canada) which the market must be rewarding with a higher EV because of the comparative political stability difference! With South American countries, one can never tell when they might lurch to the left!
3) The difference in the EVs is not due to Mr Market being ignorant of PTA's quality! Lots of info in the ethersphere for analysts to chew on! There has to be other assets that AMZG (and others) have, that do not exist with PTA! That is the missing element of your analysis!