CMM News: The Price Is Right For Capricorn Metals Ltd (ASX:CMM) - 26th Mar 2023, 10:53am

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Capricorn Metals Ltd's (ASX:CMM) price-to-earnings (or "P/E") ratio of 22.2x might make it look like a sell right now compared to the market in Australia, where around half of the companies have P/E ratios below 15x and even P/E's below 8x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's lofty.

Recent times have been advantageous for Capricorn Metals as its earnings have been rising faster than most other companies. It seems t...

>>> Read more: The Price Is Right For Capricorn Metals Ltd (ASX:CMM)
 
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