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Andean Precious Metals Corp. (APM $4.33)
- $4.33 P/E (TTM): 14.17X Cap: $639M
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Andean Precious Metals Corp. (APM $4.33)
- $4.33 P/E (TTM): 14.17X Cap: $639M
- View APM Profile
- View Questions on APM
Q: Thank you for your prompt response Peter. My take on the stock’s recent trading history….10 weeks ago Simply Wall Street comments that the stock’s Q2 revenue was boosted by one time items. We get closer to Q3 release date and there is selling as some investors fear the numbers will be weak, thinking that revenue will not match the previous quarter. No more one time items. Eric Sprott sees that as a buying opportunity as he is a longer term investor. The shares are tightly held and so hard for Eric to acquire unless there is selling pressure. I’m assuming Eric is buying on the open market, not through a private placement. Do you agree?
Thanks,
Jim
Thanks,
Jim
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Andean Precious Metals Corp. (APM $4.33)
- $4.33 P/E (TTM): 14.17X Cap: $639M
- View APM Profile
- View Questions on APM
Q: Do you have any thoughts on APM? If I understand correctly the California mine produces gold using heap leaching which can be problematic. The Bolivian mine produces silver primarily. I believe Eric Sprott is increasing his share count but not sure how much that means. They report on Nov 11th.
Thanks,
Jim
Thanks,
Jim
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