EW.V - East West Petroleum Corporation Message Board

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Technology Stocks : EW.V - East West Petroleum Corporation

EW 82.41

-1.2%

3:59 PM EDT

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From: JRod77	10/11/2022 9:31:21 PM
	of 44

East West Petroleum: Stocks trading at Less Than Cash Value on TSX-V (EW) The Globe and Mail - Sun Sep 25, 7:02AM CDT theglobeandmail.com East West Petroleum is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap. (Chart shows P/E of 4.009) This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation. Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail. More about East West Petroleum East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its current portfolio is made up of exploration concessions in New Zealand and Romania.

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