The Globe and Mail - Sun Sep 25, 7:02AM CDT - East West Petroleum: Stocks trading at | EW:CA Message Board Posts


East West Petroleum Corp.

  EW:CA website

EW:CA   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  24 of 32  at  10/11/2022 9:40:44 PM  by

MrBean62


Strong Buy

The Globe and Mail - Sun Sep 25, 7:02AM CDT - East West Petroleum: Stocks trading at

East West Petroleum: Stocks trading at Less Than Cash Value on TSX-V (EW)
The Globe and Mail - Sun Sep 25, 7:02AM CDT
https://www.theglobeandmail.com/investing/markets/stocks/EW-X/pressreleases/10380730/east-west-petroleum-stocks-trading-at-less-than-cash-value-on-tsx-v-ew/?ocid=edgsp
East West Petroleum is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap. (Chart shows P/E of 4.009)
This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation. Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail.
More about East West Petroleum
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its current portfolio is made up of exploration concessions in New Zealand and Romania.


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 0  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...