Q: your comments on buying
mxg at current levels
please and thank you.
mxg at current levels
please and thank you.
5i Research Answer:
MXG is cheap at 8X earnings, and the stock has done well. The balance sheet is fine, but earnings have been volatile over the past few years. It has no analyst coverage, but looks good on valuation. There is small cap risk and liquidity risk, as insiders own more than 70%. But it is priced well and otherwise looks decent.