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Strategies & Market Trends : Canadian Junior Resource Roundup -- Ignore unavailable to you. Want to Upgrade?


To: 31Floors who wrote (4250)11/12/2017 2:41:32 PM
From: Bigcatch  Respond to of 4478
 
I’ve owned Bry for about five years. It’s never seen it this undervalued based on fundamentals. The current price of $0.71 is a fraction of the liquidation value of $1.50 per share (NAV is $2 per share). These guys need about $70M per year to break even and a good chunk of revenue afterwards goes to the bottom line. I suspect they do $120 to $130M in revenues in the next four quarters and net earnings of $0.20 to $0.25 range. Great value here. Ride it up and get out before the next downward cycle starts.