ASX:BC8Metals and Mining
Black Cat Syndicate (ASX:BC8) Shares Screen Cheap As Gold Profits Jump
Black Cat Syndicate entered this result as a high growth gold producer trading on a single digit P/E, with a stock price of A$1.13 that had fallen about 2% over the past week. The headline today is not the share price. It is the shift from small explorer to cash generating producer, with A$374.3m in trailing twelve month revenue and A$86.5m in net income from continuing operations.
The core story is profitability. The latest half delivered basic earnings per share of A$0.0718. This puts real...