Apparently, YOU'RE not familiar with this sector. Trader 202122 is right on in terms of the P/E ratio, which is WHY I'm continuing to sit on the sidelines & watch/wait for AT LEAST a 15-1 P/E ratio.
The Gold Mining stocks as a sector are OUT OF FAVOR with investors who are, as a group selling their defensive, non-performing stocks to raise money for taxes or to put into a sector that is IN FAVOR with investors.
I expect the price to be much lower during the traditional SUMMER DOLDRUMS, for mining stocks.
I am NOT a stockholder for the above mentioned reasons, never have been, however I do believe this is a SOLID stock/company, & will wait for the stock price to come down to a more reasonable P/E ratio