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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

11/03/21 at 4:45 AM CDT

 

 

READ: 2

RPLY: 0

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RECS:0

Sentiment:

Neutral

Reply to:

MSG`#5215,`10/20/21
By breinejm

 

Re: infrastructure idea

I just checked and yes Wow is the word.  I don't know much about the mining sector, the P/S is 1.19 and P/B is 1.53, very low.  I am going to guess this is the norm for miners.  It certainly is a very capital intensive business and being in commodities I suppose it carries low multiples and low ratios.

One thing comes to mind though, high dividends can sometimes indicate trouble with the company and are often cut.

Then there is the government instability.  That said that yield is extremely attractive.

 

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