Crosshair Exploration and Mining Corp.

Crosshair Exploration and Mining Corp. is an AMEX listed security that has been trading in a range between $2.06 and $5.83 over the past year. With 63,585,090 shares outstanding, a recent price of $2.68 gives a total market capitalization of $167,228,794. While there are certainly larger companies, Crosshair Exploration and Mining Corp. has definitely earned its place in the pack. Last year, Crosshair Exploration and Mining Corp. created $-0.06 in earnings for every share outstanding.

Crosshair Exploration and Mining Corp. 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, Crosshair Exploration and Mining Corp. is unlikely to be an interesting value proposition.