RE:ParralTo put this into some context, CEO said at the recent conference they will do 15 to 18 million in cash flow over the next fiscal year. This results in about 10 cents US per share in cash flow, or about 11.5 cents Canadian per share. At current prices the stock is trading at a 22% next twelve month's free cash flow yield! A fair valuation would result in a stock north of $1.
ValuKing wrote: Management says they can get Parral up to 2.5 million silver equiv ounces over this fiscal year (Sept 2017 - Sept 2018). This is over $40 million in revenue and around $20 million in cash flow!!! After the market sees how Parral is on track to hit the 2 million silver equiv ounce level, the stock should trade up to the $1 level and that's when I think larger silver producers like Great Panther or others listed on their presentation get interested.