Teranga Gold TGZ.to C$.57
Posted: Thursday Jul 30 10:55:08AM 2015
Teranga posted an excellent Q2, with profits up to .02eps and costs declining substantially.
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.