OTCPK:CPPMF - Post by User
Post by
westcoast1000on Jun 23, 2021 1:26am
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Post# 33432692
Simply Wall St fair mkt value for CMMC
Simply Wall St fair mkt value for CMMCI own three other mining companies and was interested in CMMC.
I use Simply Wall St as a great resource for investigating stocks.
That site does calculations of what they call fair value for a stock.
They also provide details of how they model the cash flows and discount rates.
The upshot: they show CMMC as having a fair market value of 9.76 Cdn.
I have followed their estimates for other miners and they do adjust for Cu prices as far as I can tell.
The only knock on the company I could see was substantial insider selling, but much of it by the COO, who still owns half his shares.
So I bought some CMMC and will be increasing my holdings if things go well.
Good luck to all.