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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > Ridiculously low Pe
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Post by pvandeloo on Jun 05, 2012 12:15pm

Ridiculously low Pe

Silvercrest has a ridiculously low PE of 9.38 (at 2 cad). Companies like Endeavour Silver, First Majestic Silver and Great Panther silver all have PEs of 26 or higher. Silvercrest should have a much higher PE especially considering the bulk tonnage potential at La Joya and the doubling of production at Santa Elena. Does anyone have any thoughts on when this valuation gap will be closed???
Comment by samsterlok on Jun 06, 2012 12:09am
Perhaps a few more quarters of solid production, and a move to the AMEX will close the valuation gap.    
Comment by intowin on Jun 06, 2012 9:43am
$3 million a month profit....LaJoya results out in a week or two.... reality will set in soon enough.
Comment by NaturalResource on Jun 13, 2012 3:31pm
There in one thing that SilverCrest should do ASAP, and that is a 1 for 2 Reverse Split. That's all she needs. As a US Investor in Canadian stocks with Sandstorm my largest holding by far, I have DD SilverCrest and Yes, it is a ridiculously Low Valuation....just the last 2 QTR's alonegives it a PE hard to believe. I also noticed they have always come through either on time or less and at ...more  
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