Earnings outlook
From Caprock Risk Management research report:
Our 2013 EPS estimate for SUSA is $0.17 while our 2014 EPS estimate is $0.26, representing a year-over-year increase of 54.4%. Our 2013 total revenue estimate is $24.9 million and for 2014, we forecast SUSA to generate $38.9 million in total revenue, an increase of 56.2%. There are a number of key drivers for our bullish earnings outlook. First, higher gold prices should continue to enhance the gold sector’s overall fundamentals. Second, SUSA’s strategic initiative to commercially development the Alabama Gold Belt, which has a proven production track record, should drive earnings growth for the foreseeable future. Lastly, SUSA’s low lost production with elevated gold prices should bolster the company’s profit margins and when coupled with management’s mining
experience and intangible relationships in the community could prove our current estimates to be conservative.
