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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Post by mercedesmanon Jun 03, 2019 3:38pm
139 Views
Post# 29794984

Price Earnings

Price EarningsPer Kitco, TGZ trading at only 5.7 and 5.3 times 2020 and 2021 estimated earnings.
 
This is around half or less than the average of 30 rated Small-Cap gold companies.
 
Suggesting the share price could double, just in order to obtain only the average P/E Earnings for the group.
 
And with multiple targets in multiple countries, and a producing mine in a relatively safe country, why shouldn’t they be able to achieve that ?
 
https://www.kitco.com/commentaries/2019-06-03/Metals-Mining-Analysts-Ratings-Estimates-Juniors.html
 
 MM
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