Pro-Life thank you, Gran Colombia Gold has a forward P/E ratio of 3.71
Based on 2019 P/E ratio of 10.98, and a future P/E ratio estimated at 3.71, Gran Colombia Gold stock price could, and should triple by the end of 2020.
That’s if Golds average price remains in the $1550 range... if gold spikes this thing should explode.
There are multiple possible catalysts in the near term for the company.
- Announcement of the commencement of the fully funded drill program of the 24 additional veins located within the same geological formation of the three veins they’re currently mining an average 17 G/T Gold from
- Possible announcement of a dividend.
- 2019 earnings released in March.
Compare Gran Colombia golds $350 million market cap. to other mid-tier producers in South America - Lundin Gold T.LUG in Ecuador $2.5 Billion, Continental Gold T.CNL in Columbia just got bought out for $1.1 Billion, and many shareholders were angry at the lower takeout price!
Those two haven’t even achieved commercial production yet!
The Largest Gold & Silver Producer in Colombia - Gran Colombia Gold Corp. 679 views•Jan 27, 2020
Cambridge House International Inc. 63.5K subscribers Mike Davies is the CFO of Gran Colombia Gold Corp. (GCM.TO)(TPRFF:US) a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its Segovia and Marmato Operations.
Pro-Life Awesome... trunkmonk said, I can see triple from here, Mongo 9 prediction was too low - with a triple it will still be a mother gold great bargain -
RE:RE:Gran Colombia has a forward P/E ratio of 3.71 Based on 2019 The Largest Gold & Silver Producer in Colombia - Gran Colombia Gold Corp.
Mike Davies is the CFO of Gran Colombia Gold Corp. (GCM.TO), a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its Segovia and Marmato Operations.
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