Asx mining PE ratio23 Apr 2025 09:55
Metals and Mining Sector:
The ASX-listed metals and mining sector currently has a P/E ratio of 18.3. This indicates that the share prices of these companies are, on average, trading at 18.3 times their earnings per share.
I've done the numbers on just telfer output alone to bring is up to anywhere near this level we would need to be north of £5bil + that is still only a PE of like 10.
Once havieron is funded it's just going to be stacking billions up on billions a year. You watch what happens then exploration acquirement and massive dividend. If anything that last RNS shows that. BOD want divis long term.