RE:Great results 666999 wrote: Same free cash flow as First Majestic with 3 mines, amazing performance with just one mine, and Q4 metal prices have gone up further, as Cde ramps production, it will be great story
Good results, it's true, but I'm not sure they're enough to justify the price paid by CDE. Indeed, I note that cash flow from operations (an essential indicator of profitability) is 44M for a gross profit (revenues - costs) of 47M. For CDE, for the 3Q, cash flow from operations is 111M for a gross profit of 77M. The ratios are therefore 40% and 67%, compared with a dilution of 50 to 60%. What do you think?