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Teranga Gold TGZ.to C$.57



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By Bobwins

Posted: Thursday Jul 30 10:55:08AM 2015

Teranga posted an excellent Q2, with profits up to .02eps and costs declining substantially.

http://www.stockhouse.com/news/press-releases/2015/07/30/teranga-gold-reports-significant-improvement-in-net-profit-and-costs

 

Naturally there wasn't much market response.  After all this is a gold stock.  Never mind they made a .02 qtrly profit so it's selling for 7X forward earnings, with no debt, organic growth being financed internally and cashflow is close to .04 so 3.5X fwd cashflow.  Dirt cheap.


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