Monday, August 15, 2011

U.S. Silver (USA.v) puts in a good quarter

Here's the EPS chart from the more extensive chart-set that subbers will get to look at on Friday (target price confirmed on these numbers guys, btw):

The $6.5m net for the quarter is a 2.2c EPS which means on a simple straight line multiple we're looking at a 7.4X PE here. But even that doesn't take into account that things are going to get better at USA.v in the quarters to come. Today's NR right here.

FWIW* The IKN Weekly had earnings forecast at $6.3m. I'll take that as a win :-). DYODD.

*not much