RE:Is Verde reasonably priced?Hello Lauren.
Great post (although I have updated the share number to the current 52,150,000 total after the recent exercise of stock options).
If you follow the Company's track record of sales and net earnings guidance since production started in 2018, they have consistently underestimated and over delivered - a conservative approach I have come to value and now expect. Accordingly, I have a high degree of confidence the $0.87 EPS target will be achieved, if not exceeded, for the 2022 fiscal year.
I am happy to add to my NPK position at prices under $8, while retaining my longer term expectation for strong share price appreciation in the coming months/years.
Cheers,
S.