TSXV:AGLD - Post Discussion
Post by
DoughBoys on Apr 10, 2020 12:06am
13.9M Q1 cashflow, 17,159 GOE production
Guanaco/Amancaya operating at 75% capacity during this COVID19 situation, exploration halted until at least April 12th.
Even if they can achieve 45,000-50,000GOE production with COVID19 assuming a $500/oz profit with the 559M outstanding shares that's about 4 USD cents a share earnings, or about 5.5 cents CAD.
What multiple will this thing trade at once money rushes into gold? Futures are only 10% from their all time highs.
Even if it trades at a P/E of 5 this stock will trade over 25 cents CAD.
GLTA.
Be the first to comment on this post