companies: 6,314 average P/E ratio (TTM): 11.0. Say a company has a share . The highest analyst price target is A$0.08 ,the lowest forecast is A$0.08. If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in . The net present value of the mine would be calculated based on the $100 margin. 75% of retail CFD accounts lose money. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. The stock has a market capitalization of $69.45 million, a P/E ratio of -3.87 and a beta of 1.73. PEG Ratio. 5.00. Investors will also notice that ACI has a PEG ratio of 1.07.

The average price target represents 422.07% Increase from the current price of <0.1. 4.4.

88.10. And again, like golf, the lower the P/E ratio a company has, the better an investment the metric is saying it is. If the forward P/E ratio is higher than the current P/E ratio . Higher P/E stocks, in general, are considered more expensive; while lower P/E stocks are, in general, considered cheap. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. Also note the strip ratios for each year (this is the amount of waste rock that is mined while mining the ore). Mining: average industry financial ratios for U.S. listed companies Industry: B - Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios; Debt ratio : 0.49: 0.53: 0.52: 0.54 . P/E Ratio Example. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. For example, the retail industry had an average P/E of 20.54 as of writing, while the tech industry had one of 31. . Advertising. . MP Materials Corp.: MP Materials is a rare earth materials mining and processing company. banks, retail) they trade pretty close to 14-16. . P/E ratio, or price-to-earnings ratio, is a quick way to evaluate stocks. / = As an example, if share A is trading at $24 and the earnings per share for the most recent 12-month period is $3, then share A has a P/E ratio . The P/E ratio of the hospitality sector stood at 11.34 times, followed by the services sector, 11.42 times, and energy sector at 11.62 times. asset management companies, experienced wealth . The trailing twelve month P/E is currently 14.86. + VIEW MORE.

For example, an Assets to Sales Ratio = Total Assets / Net Sales. Get your personalized toplist: Find my broker. As companies within the same industry tend to work in similar environments, it's always best to compare the P/E to the average within that particular industry. Gold-miner earnings leveraged gold's 30.9% . The P/E ratio indicates whether the market has higher or lower expectations of a company. At the time. As of today (2022-06-30), Vale's share price is $15.19 . Gold Fields Limited is a South African-based precious metals mining company with a market capitalization of $9.66 billion and an enterprise value of $10.73 billion. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.13 . A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. For the latest data, available on a monthly level, check the data subscriptions . Answer (1 of 4): P/E ratio is the company's price to earning ratio.

Over history, the average P/E ratio of the stock market has been around 15-17. With this in mind one scan I like to use to find potential mining stocks of interest is simply to see which gold stocks have positive earnings and P/E ratio below the S&P 500 average. 5. The extra options and safety that comes with Evolution Mining's AU$170m net cash position means that it deserves a higher P/E than it would if it had a lot of net debt. With a price-earnings ratio of . If you look at the image below, you can see Cleveland-Cliffs has a lower P/E than the average (13.4) in the metals and mining industry classification. Higher debt means greater financial risk and lower coverage ratios. The price to earnings ratio is used as a quick calculation for how a company's stock is perceived by the market to be worth relative to the company's earnings. Answer (1 of 2): The short answer is that companies from different industries have different typical P/E ratios because the P/E ratio alone means nothing. Gold Resource PE ratio as of July 01, 2022 is 14.08. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A strip ratio of 10x and a depletion of 4.5 Mtonnes equates to 49.5 Mtonnes of material moved. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. Conversely, a low P/E indicates that the market has less confidence that the company's earnings will increase, and therefore will not pay as much for its stock. In depth view into Harmony Gold Mining PE Ratio (Forward) including historical data from 1996, charts and stats. Price to Earnings Ratio vs. Sector. For companies with stable earnings, or at least "more stable/low risk" (e.g. OM:BOL Price Estimation Relative to Market, March 13th 2020 . Historically, stocks have averaged a PE ratio between 15 and 20 and if you look at a large database of companies you'll find that most stocks sit within this range. Unlocking opportunities in Metal and Mining Get app . P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Hecla Mining Company: 3.90%: . Price to Book Value per Share Ratio. To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range. The formula to calculate the P/E ratio is to divide the share price with the earnings per share. Hycroft Mining Holding (NASDAQ:HYMC) is the . The average price target for Metro Mining Limited is 0.05. We'll apply a basic P/E ratio analysis to Atalaya Mining Plc's (LON:ATYM), to help you decide if the stock is wor. . Its net cash position supports a higher P/E ratio, as does its solid recent earnings growth. Aggregate Mkt Cap/ Net Income (all firms) Aggregate Mkt Cap/ Trailing Net Income (only money making firms) Expected growth in EPS - next 5 years. CSN Minerao's latest twelve months p/e ratio (adjusted) is 4.7x. Metal Mining: average industry financial ratios for U.S. listed companies Industry: 10 - Metal Mining Measure of center: Financial ratio Year; 2021 2020 2019 2018 2017 2016; Solvency Ratios . A company with a high negative (near 0) P/E . XME Dividend This section compares the dividend yield of this ETF to its peers. Analyst Report.

Therefore, if a company's EPS is 20, and its share price is valued at 140, then it has a PE ratio of seven. 7.62. For comparison, its industry sports an average P/E of 23.97. Average price/earnings ratio of stocks owned by a mutual fund. Store B. Say a company has a share . 54.99. That's higher than the average in its market, which is 14.4. First Quantum Minerals has a PEG Ratio of 2.77. What is Average P/E Ratio?

It operates Namisa and Casa de Pedra mining projects. Metal Mining Industry's current Price to earnings ratio has decreased due to shareprice contraction of -14.73 %, from beginning of the first quarter and despite the sequtial net income for the trailig twelve month period increase of 14.1 %, to Pe of 10.20, from average the Price to earnings ratio in the forth quarter of 13.86. For example, different industries have different average P/E ratios, so what may work well in say software companies may not work well in the energy sector. Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. The long-term average P/E for the S&P 500 is around 16x,. This basket of industrial companies has an average P/E ratio of just 16.1. . The total material moved is calculated by multiplying the strip ratio with the ore depleted, then adding the ore depleted. XME ETF Database Category Average FactSet Segment Average; Dividend $ 0.07 $ 0.43 $ 0.07 Dividend Date 2021-09-20 N/A N/A Annual Dividend Rate $ 0.31 $ 0.89 I'm sure if you search other threads you'll find average P/E's by sector- as it does very much depend on the sector what an "average" P.E. Zhengzhou Coal Mining Machinery Group has a P/E of 3.8. The P/E ratio of First Quantum Minerals is 12.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.60. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation. All the data required to make these calculations are readily available in the company's financial records. Average industry financial ratios for 'Metal Mining' industry sector. It owns and operates the only active, scaled mining and processing site for rare earth materials in the. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued. CSN . This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). As you can see Store B has a lower P/E ratio compared to Store A. A company with a high negative (near 0) P/E . The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). Investors have optimistic expectations of companies with higher P/E ratios, compared to companies with lower P/E ratios. That corresponds to an earnings yield of approximately 7.5%. is. Story continues. The average price target represents 370.59% Increase from the current price of <A$0.1. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. The average industry P/E ratio for oil companies is 11 . The average P/E ratio for tech stocks (information technology sector) of 42.4 in 2021 continues to outpace other sectors, with only the real estate sector seeing a higher average P/E in 2021 of 56.4. If the gold price increases by 20% to $600 an ounce the net present value of the mine will double, since the margin . In fact, if you look at the companies with higher than average P/E Ratio, they are companies that are not leveraged too much and have a low equity base. The Bottom Line On Zhengzhou Coal Mining Machinery Group's P/E Ratio. 50. The Bottom Line On Evolution Mining's P/E Ratio. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. 5,000.00. 2,439 Listed Entities $2.95 trillion Market Capitalisation $1,210,288,349 Average Company Performance (1 Year) 12:26pm 06/07/22 Dividend Yield Market-cap weighted Dividend Yield for the Australian stock market PE Ratio Market-cap weighted PE Ratio for the Australian stock market In other words, Financial Ratios compare relationships among entries from a company's financial information. The regular P/E ratio is a current stock price over its earnings per share. Average industry financial ratios for 'Mining' industry sector. Return on Equity (ROE) Return-on-equity (ROE) is a key financial indicator considered by investors because it indicates the level of profit a company can generate from equity and return to. The industry P/E represents the average P/E ratios of all the companies in the IT industry. Evolution Mining trades on a P/E ratio of 22.4, which is above its market average of 12.5. About PE Ratio (TTM) Price to Earnings Ratio or P/E is price / earnings. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. 5. Vale's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $4.29. It goes like this P/E = Current market price of a company stock/ Earning per share Suppose it's an IT industry. The current Shiller PE of the FTSE 100 is 15.64 (12/31/2021), considerable lower than the corresponding ratio of FTSE 250. If the fund's average P/E ratio is low, the . We'll apply a basic P/E ratio analysis to Public Joint Stock Company ALROSA-Nurba's (), to help you decide if the stock is worth further research.ALROSA-Nurba has a P/E ratio of 2.32, based on the last twelve months.In other words, at today's prices, investors are paying RUB2.32 for every RUB1 in prior . The P/E ratio of ArcelorMittal is 1.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.90. companies: 6,314 average P/E ratio (TTM): 11.0. 49. It measures how much investors are willing to pay for a company relative to its current earnings, which reflects investors' expectations of future earnings growth. Eicher Motors is a classic example of the company benefiting from a better valuation due to low leverage and a low equity base. The forward P/E ratio is a current stock's price over its "predicted" earnings per share. The stock market as a whole (measured by the S&P 500) has had an average PE ratio (throughout it's history) of 15.54. Tech stock P/E's are being led by high P/E names like Autodesk, Fiserv, Microchip, Paycom Software, salesforce.com, and Tyler Technologies. This ETF offers a way to access the global mining industry through an international basket of companies engaged in the extraction and production of metals, including aluminum, steel, and precious metals. Hycroft Mining Holding has seen its stock lose-62.41% over the past year, underperforming other precious metal stocks by -10 percentage points. All the above combine for a $1,200 per ounce TAC. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Share price divided by earnings per share = P/E ratio. In most cases a fund with a high average P/E ratio has paid a premium for stocks that have a high potential for increased earnings. . . For example, if company PDS reports an EPS of R1.50 and its stock is selling for . The average price target for Metro Mining Limited is A$0.08. AIM:HGM Price Estimation Relative to Market, May 29th 2019. What is Highland Gold Mining's P/E ratio? As they say, "comparing apples to apples." To ma. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. . That soared a stupendous 66.2% year-over-year from Q2'19's $439, which resulted from much-lower $1309 average gold prices and $870 average AISCs. Over the past year, ACI's Forward P/E has been as high as 13.32 and as low as 5.35, with a median of 9.15. The earnings per share of a company indicates its profitability and is calculated by dividing the company's net income with the total number of shares outstanding. The P/E ratio indicates whether the market has higher or lower expectations of a company. 74-89% of retail CFD accounts lose money. The price-to-earnings ratio tells you what the price of a company's stock is compared to the current earnings on that share. The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). P/E Ratio. A higher price to earnings ratio implies that the . top precious metal stock with a Zen Score of 43, which is 21 points higher than the precious metal industry average of 22.It passed 14 out of 33 due diligence checks and has strong fundamentals. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A company with a high negative (near 0) P/E . 1,000. The company has a quick ratio of 0.05, a current ratio of 0.09 and a debt-to-equity ratio of 249.02. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. . IG. 78.62. Similarly, ratios like P/E 30 averages the past 30 years of earnings. The value of the P/E ratio is for comparing one company to other companies that are similar. Highland Gold Mining has a higher P/E than the average company (9.9) in the metals and mining industry.

Have a Long-Term Mindset The formula is as follows: TAC = [Cost to Acquire + Cost to Build + Cost to Operate] / Total Ounces The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. The industry P/E ratio . The PE ratio is calculated by dividing a company's share price by the earnings per share (EPS) figure. The P/E ratio is calculated as a stock's current share price divided by its EPS for a twelve-month period, usually the last 12 months, also called the trailing 12 months. Not only should the net cash position reduce risk, but the recent growth has been impressive. Based on some studies. Evolution Mining has a P/E of 30.6. The EV/EBITDA NTM ratio is a more precise measure than the P/E ratio because it takes into account both the company pure operational earning measure (EBITDA vs. Net Profit) and a company overall value indicator that also includes financial debt, cash position and minority interests which are key indicators when valuing a firm market value . Quarter 2022 for Metal Mining Industry, Price to Sales ratio is at 2.18, Price to Cash flow ratio is at 2.56, and Price to Book ratio is 2.54 More on Metal Mining Industry Valuation The P/E ratio is calculated as a stock's current share price divided by its earnings per share for a 12-month period. The P/E ratio is calculated. As companies within a particular industry tend to work in similar environments . And that Store A actually is twice as expensive because we have to spend 10 to get the same 1 earning. The highest analyst price target is 0.05 ,the lowest forecast is 0.05. PEG Ratios above 1 indicate that a company could be . Over . Well, based on the last twelve months it is 13.3. Barrick Gold PE ratio as of June 30, 2022 is 15.52. PE ratio = share price/earnings per share. I also know that the average all-and-sustaining cost to operate the mine is about $900 dollars per ounce. The company was incorporated in 2007 and is based in So Paulo, Brazil.

The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share (stock) price to the company's earnings per share. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.