ASX:VAUMetals and Mining
Vault Minerals (ASX:VAU) Shares Chase Growth As Margins Tighten
Vault Minerals stock has run hard into this result, with the share price up about 54% over the past three months, yet trading only slightly below an estimated fair value of A$7.10. Today's full year numbers show why expectations were so high. Revenue reached A$1,926.6m over the trailing twelve months and earnings from continuing operations came in at A$278.4m, even as net profit margins eased to 14.5%. The key question now is whether that margin squeeze justifies a P/E of 25.2x for a gold...