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11.8% 3.8¢ kingsrose mining limited

Great Expectations, page-10

  1. Jakebarnes
    323 Posts.
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    16/01/15
    08:25
    Post #: 14592557
    Hi Moorookamick, thanks for you very informative posts. I'm a bit of a newcomer here but I'm wondering why you've assumed a P/E of 10? Is that a historical average for gold miners? Or have you just used it for simplicity as a conservative estimate? I've had a look at current P/Es for gold miners and they seem to be all over the shop though many have considerably higher ratios than ten.

    Thanks
    KRM Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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