Q: Time to get back into GUD? Is it over valued in any way? They have paladin back in the fold which was their initial goal so maybe time to revisit the name?
5i Research Answer:
Recent earnings have been good, and the stock has new positive momentum, with another new high today. We are "comfortable" with it, but it is now 35x 2027 earnings. With its small size and somewhat weak history, it is hard to get too excited about it. Certainly Paladin was its goal, and it showed excellent patience in waiting to get it. We will give kudos to management for that. Most of the net cash is gone now, though, but it is generating decent cash flow now.