![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, July 18, 2011 8:19:34 AM
The DTRO last financial Report:
http://ih.advfn.com/p.php?pid=nmona&article=47920098
... shows 180k of gross profit per quarter (in 800k of quarter sales). DTRO MarketCap is 680 k !
... if we consider the net profit to be ~80% of Gross Profit and if the results in 2011 are aligned with 1st quarter then the "DTRO 2011 NET PROFIT will be ~600 k"
This means that DTRO Annual NET PROFIT is +/- the MarketCap of DTRO ... so my question is ...
How can a company that is making solid Net Profit of 600k per year be evaluated in just 680 k ???
Looking at historical data in US OTC & even NASDAK/NYSE typically the MarketCap of a company is between 10 (worst case scenario) to 40/50 (best case scenario) times its Net Profit. So DTRO MarketCap should be something between 6 M€ to 30 M€ therefore if we consider the company is not adding more shares then the PPS:
- In the worst case scenario should be 0.008
- In the best case scenario should be 0.04
Today it's trading at 0.0006 to 0.0009 !!!
Can someone explain me this ?
P.S: I'm not a shareholder of this company but I'm looking at it and I may be interested because it seems to good to be true !!!
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM