February 11, 2012 03:11 pm
I found this one last week in an article from the Globe and Mail identifying stocks trading for less than 10 times earnings, with enterprise values of less than seven times pretax earnings, companies with market caps above $100-million and with net debt that is less than shareholder equity. They are producing antimony and gold in Australia and Gold and Silver in Chile. They had a 5 cents EPS in Q3-2011 and areincreasing their production. It could be an easy double with or without a takeover. Do your DD.