K92 Mining Inc KNTNF

PE ratio for gold stocks - K92 vs upcoming miners

[Lockstock1]

I'm looking at various gold stocks at the moment and figuring out what a normal PE ratio is. I'm invested in K92 which has a PE of 45 at the moment, but I've also got involved with another, still private, called Tucano Gold which has purchased Beadell's ex Mina Tucano mine in Brazil for a planned restart this year and 150k oz p.a. production target.
They have a very low PE ratio of less than 1 right now (looking at 2025 production target), but with their infrastructure value of $500 million and upcoming IPO I should expect this to be much higher. I guess, as in K92's case and other big gold miners, your PE ratio goes up dramatically once you're producing (and public).

This is a [url=https://https://mailchi.mp/tucanogold/tucano-gold-increase-recoverable-ounces-12711978]link to a recent newsletter[/url] I received from Tucano where they mention their PE ratio and upcoming IPO

[tuesdaynightrid]

My opinion on P/E- First, the kntnf P/E has been as high as 70+ and as low as 23. I've owned it starting w very small position in 2018. Last November or so I recall it hit 28 when price dipped to 3.50. ... as you say, today the p/e is around 45. In the 2018-2019 timeframe it was over 70 for a time because earnings began to grow early on but then Covid and a continuous series of

[cyber37]

I think that until KNT establishes its’ main revenue stream - Stage 3, P/E is not that representative of its performance. Also it would be misleading when comparing this company to other established producers. Also, it appears that market is just waiting & coasting aimlessly for results of the election in US.  Feds are also holding off any rates adjustment (lowering) until election