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.