OTCPK:CPPMF - Post by User
Comment by
VENManon Feb 24, 2021 8:33am
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Post# 32645034
RE:Question
RE:Question Well let us be conservative. If CMMC earned 10 eps in Q4 when copper was under $4 they should earn more than 10 cents in a quarter when copper is over $4. Just using 10 cents over th next 4 quarters is 40 cents annual EPS. Again, using a conservative PE ratio of 15 and 40 cents annual EPS results in a stock price of $6 per share. As long as the price of copper remains at $4 CMMC should be bought on DIPS and sold over $6 per share. Just my 2 cents