Starcore International Mines Fiscal year end results are in! Net income for the fiscal year per share is $0,06 so in other words we are trading currently at a price to earnings ratio of 4.33.
Total cash on hand is 4.4 million canadian dollars as of april.
Total shareholding in IM exploration is 4,100,000 shares currently valued at $650,000
So cash and indirect cash we are standing at $5,000,000.
We are going the right way!
Good job management!
Hope they can lower the administrative expenses for next fiscal year even further.