Metalline Mining Company is an AMEX listed security that has been trading in a range between $2.25 and $4.50 over the past year. With 36,819,480 shares outstanding, a recent price of $3.82 gives a total market capitalization of $140,650,411. While there are certainly larger companies, Metalline Mining Company has definitely earned its place in the pack. Last year, Metalline Mining Company created $-0.38 in earnings for every share outstanding.
Metalline Mining Company 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, Metalline Mining Company is unlikely to be an interesting value proposition.
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