OTCPK:MALZF - Post by User
Post by
stockfyon Feb 07, 2018 1:49pm
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Post# 27520621
MLN's EBITDA and guidance
MLN's EBITDA and guidance I'm new to MLN and I see that MLN has two mines in Mexico, in Durango and Sinaloa states. These two states are next to Chihuahua where debt-free GoGold (GGD) has a low-cost low-risk business that produces silver and gold. Additionally, GGD has a 2% NSR royalty stream for a gold mine that is coming into production this year.
So GGD is very similar to MLN (silver, gold, royalties) and GGD is dirt-cheap because its current Enterprise Value is less than 3 times its projected EBITDA for 2018.
MLN has debt of $57 million, so its current Enterprise Value is about $160 million. Has MLN provided a guidance for its 2017 EBITDA? I don't find anything in the company's reports. Based also on my projections, MLN's leverage is about 2 times. Is this correct? tia