PACIFIC RIM MINING CORP is an AMEX listed security that has been trading in a range between $0.67 and $1.30 over the past year. With 107,035,400 shares outstanding, a recent price of $1.14 gives a total market capitalization of $119,879,649. While there are certainly larger companies, PACIFIC RIM MINING CORP has definitely earned its place in the pack. Last year, PACIFIC RIM MINING CORP created $-0.08 in earnings for every share outstanding.
PACIFIC RIM 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, PACIFIC RIM MINING CORP is unlikely to be an interesting value proposition.
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