AURIZON MINES LTD is an AMEX listed security that has been trading in a range between $2.26 and $4.02 over the past year. With 146,421,100 shares outstanding, a recent price of $3.62 gives a total market capitalization of $535,901,239. While there are certainly larger companies, AURIZON MINES LTD has definitely earned its place in the pack. Last year, AURIZON MINES LTD created $-0.06 in earnings for every share outstanding.
AURIZON MINES LTD is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, AURIZON MINES LTD is unlikely to be an interesting value proposition.
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