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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (199)12/15/1998 10:07:00 AM
From: csm  Read Replies (2) | Respond to of 406
 
If they were to earn $2.2M, that would be 2.2/28.6=$0.077 per share. Dividing that into the price of 50&cent would give a PE of 50/7.7=6.5.

Someone has questioned the number of shares outstanding. I got the number from Canada Stockwatch and double checked it by comparing the 9 month earnings ($1.6M or 5&cent/share) so I think it is reasonably close.

Stuart.