By golly, you're right. LEXG profit last quarter was about $100K -
That changes everything! Now I can take a stab at a price target.
So profit last quarter was about $.0001 per share. If I extend that for a full year (assuming same rate), then I get an earnings per share of about $.0004 -
using a PE ratio of 10-15 I get a price target of about $.004-.006 -
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