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Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company considers itself to operate in a single segment, being the production of crushed ore, containing both gold and... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > SP targets seem incorrect on here.
View:
Post by Inspired423 on Mar 22, 2023 4:15pm

SP targets seem incorrect on here.

$10 mill net earnings / $87.9 mill shares = $0.11/share

Multiple of this price is questionable given upside and required spend.  

10-12 times multiple only warranted if they establish a regular month after month steady production.  

$1.10 to $1.36 

Earnings will be used for further exploration and to get mine to 65000tpa which will require a lot more capital

Comment by wedowee5 on Mar 23, 2023 12:57am
This post has been removed in accordance with Community Policy
Comment by yehang on Apr 03, 2023 3:03pm
I think $ 1 can be this year target.
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