GPR will release their next earnings in 10 days.
If the earnings for the quarter is the minimum of 0.03, it will make the P/E ratio TTM of GPR around 5.
The problem is the correct price for an intermediate miner like them is 11 and can go to 18 very quick (weeks).
The analysts already talk about a 3$ target on it, or 200% gain. But its going higher than...
A company focusing on gold & copper exploration in Cambodia & Fiji. Formed an inverted H&S pattern & broke out. Then rested the neckline zone & is now out of the channel. (Disc- As a part of my risk management process, I do not trade companies operating outside Australia)
Has broken out of an inverted H&S pattern & consolidating around the $0.50c resistance zone. This is worth tracking as a break above will have bullish potential. Thanks to @DebraG_Robins for pointing to it.