Q3 production results: I estimate earnings $1.6M, EPS $.030 3,063 gold equivalent ounces in Q3 (Nov-Jan), an increase of 7% from 2,867 ounces in Q2.
In Q3, the price of gold averaged around $1865.
I estimate Q3 earnings will be $1.6M or $.030 per share.
Profit of $1.6M annualized is $6.4M. With the market cap at $13M, that puts the P/E at 2.0.