production = 18551 v 21703 (DRM -17%)
AVRP = U$1257 v U$1328 (DRM -6%)
revenue = U$29.4M v U$30.6M
AISC = U$760 v $720 (DRM - 6%)
debt = U$21.2M v $16.2M (DRM +31%)
cash/bullion = $18M v $9.6M (DRM +100%)
free cashflows = U$15M v U$14.2M
Market cap = A$134M v A$66M, (DRM up 100%)
PE ratios = 2.3 v 0.9
Hence DRM needs to increase sales prices with less hedging, more spot price sales, reduce debt more and produce more to beat TRYs results. The PER are very very low for both these goldies.
gold stocks industry standard PER are 13.9 not under 3.0 like these and NCM is 40.9!
DRM Price at posting:
29.3¢ Sentiment: Buy Disclosure: Not Held
