Latest Qtr for EPL = Net Income $208KMoney making machine.
Okay down to the bits and bobs.
Date released Nov 25th for the qtr ending Sept 30th 2021
Fisrt I'd like to point out by my estimates EPL makes more profit than 55% of the stocks listed on the Russell 2000. Maybe more ! So undervalued then YES.
3 month revenue $3.435 million
Gross profit $589k
Even with an unrealised loss of $200k on investments
Net profit still came in at $208k
Revenue for 9 months $9.6 million
Net income for 9 months $365k
Cash at end of period (Sept 30th) $4.5 million
Exploration expenses for 9 months $648k
Purchase of property and equip 9 months $209k
No bad debt.
shares outstanding 100 million
Onwards and upwards.
Numbers taken from their latest qtr report, apologise for any errors. Numbers have been checked several times so hopefully none.