Thanks for the comprehensive reply Bob, using SVM as an example:
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 13, 2007 -- Silvercorp Metals Inc. (the "Company") (Toronto:SVM.TO - News) is pleased to announce that for the first quarter ended June 30, 2007, the Company recorded consolidated net earnings of $15,887,496, equating to $0.33 per share or $0.32 per share fully diluted. The cash flows provided from operations were $20,734,355 with a record profit margin of 65.02% (2007 - 54.41%). All figures are expressed in Canadian dollars, other than share and mining data.
10x this would be $3.20 FD for the quarter. They are on track for much higher eps going forward. The current pps is $15.90, so what am I missing? Since it's for the quarter, do I multiply by 4?
Thanks,
steel
