OTCQX:CGTFF - Post by User
Post by
TMAZZon Mar 13, 2018 6:24pm
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Post# 27709753
PE Ratio A Signal To Buy For Investors?
PE Ratio A Signal To Buy For Investors? Is Columbus Gold Corp's (TSE:CGT) PE Ratio A Signal To Buy For Investors? Columbus Gold Corp (TSX:CGT) is currently trading at a trailing P/E of 5.4x, which is lower than the industry average of 9.9x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. |
Is Columbus Gold Corp's (TSE:CGT) PE Ratio A Signal To Buy For Investors? Columbus Gold Corp (TSX:CGT) is currently trading at a trailing P/E of 5.4x, which is lower than the industry average of 9.9x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. |