RE:RE:Trading at 5 x '21 EPS, production growth, safe areasWell right now they are trying to triple production over 3 years and pay down debt, since they see well known larger copper producers like FCX trading at 30 x earnings.
If you think the world needs increasing copper production for the next decade or three, then Copper Mountain is setting up to be a much larger part of it for a long time.
Buying back shares is a good strategy if you don't have a 100+% IRR return on investment opportunities, or in a market self-liquidating, like Oil and Gas.