Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Coppernico Metals Inc. CPPMF


Primary Symbol: T.COPR

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration excellence in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company, through its wholly-owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, and is regularly reviewing additional premium projects to consider for acquisition. The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characte...


TSX:COPR - Post by User

Comment by VENManon Nov 27, 2020 12:23pm
185 Views
Post# 31989663

RE:RE:RE:RE:RE:RE:Trading at 3 x earnings, with Production growth in '21

RE:RE:RE:RE:RE:RE:Trading at 3 x earnings, with Production growth in '21There is so many variables that it's hard to say what the earnings will do but we have to make a best guess. I know that from July to Sept when the lowest price for copper was $2.69 and the highest price was $3.11 the earnings for those 3 months came in at .13 per share.  From Oct 1 to now the lowest price for copper was $2.83 and the highest price was $3.40 so you would think that CMMC would be able to do the same 13 cents in the next Q if copper prices stay over $3 per pound. But again , there could be expenses that go up and cut into earnings and more shares get issued which changes the numbers. So lets say the price of copper stays up over $3 per pound and lets say going forward they do 50% of their reported 13 cents; thats .065 cents per Q times 4 Q's is .26 earnings per share annually and say we give them a conservative PE ratio of 14, that works out to $3.64 per share. All IMO! GLTA! 
<< Previous
Bullboard Posts
Next >>