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Wednesday, December 04, 2019 9:13:00 PM
A stock with a P/E ratio under 10 is considered undervalued. The gaming sector supports an average P/E ratio of 27, and GMGI has a P/E ratio of 7.5-significantly undervalued. GMGI's share price could easily be 2-3 times the price it is now-which I believe is a much "fairer" valuation-a share price of .01-.015+, imo.
It's amazing that GMGI can even be valued like this, because these formulas & ratios are basically used on NASDAQ/NYSE stocks. GMGI is a rare breed in the otc; even rarer for an otc under .01.
Recent GMGI News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 01:00:39 PM
- Golden Matrix Announces Participation in Benzinga All-Access Interview • GlobeNewswire Inc. • 08/20/2024 01:00:00 PM
- Golden Matrix Enters Into Definitive Agreement to Acquire a Controlling Interest in Australian-Based Classics for a Cause • GlobeNewswire Inc. • 08/20/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 12:30:31 PM
- Golden Matrix Group Announces Strong Second Quarter Financial Results • GlobeNewswire Inc. • 08/13/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 11:00:53 AM
- Golden Matrix Group to Announce Second Quarter Financial Results on August 13th • GlobeNewswire Inc. • 08/08/2024 12:00:00 PM
- Meridianbet (GMGI) Goes for Gold With Over 1 Million Betting Options for 2024 Paris Olympics • GlobeNewswire Inc. • 07/26/2024 12:00:00 PM
- Golden Matrix Group Launches AI-Powered Online Casino Game Recommender To Enhance User Gaming Experience • GlobeNewswire Inc. • 07/19/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 01:25:28 PM
- Golden Matrix Group, Inc. Announces Authorization of Stock Repurchase Program • GlobeNewswire Inc. • 07/17/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 01:30:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 01:25:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 01:30:42 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/18/2024 10:10:50 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 01:25:30 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 06/04/2024 10:01:23 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:01:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/22/2024 10:50:46 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 01:20:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:02:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:02:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:02:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:01:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:01:25 PM
FEATURED Mawson Finland Provides Update on Exploration Activities at Rajapalot • Aug 21, 2024 9:06 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM
Avant Technologies to Implement Robust Cybersecurity Measures for AI-Driven Healthcare Solutions • AVAI • Aug 21, 2024 8:00 AM
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM