AABB Gold Mining Op Gets $0.24 PPS Analyst Target – 2400 Percent ROI Potential
September 12, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Goldman Small Cap Research today published a Research Analyst Report on Asia Metals Inc. (USOTC: AABB). AABB closed yesterday at $0.011. Goldman projects that AABB can support a $0.24 PPS over the next twelve months based on peer valuations. The report indicates that the near term PPS can reach $0.09 PPS over the next 4 to 6 months. AABB could deliver a 2400% ROI to investors getting in now.
“Based on our peer analysis, the stock trades at an absurdly low valuation. We project that the stock will trade to the $0.09 level in the next 4-6 months, which would match the current 6.7x trailing 12-month revenue metric afforded its peers. Our 12-month target is $0.24.”
AABB has real revenue reporting $2.75 million in gross profit for the first six months of 2019 and projecting $6 million in gross profit by year end.
Investment Highlights From The Report Released Today:
- Generates meaningful revenue growing organically and through acquisitions.
- Poised to emerge as one of industry’s fastest growing junior resource companies.
- Mgmt seeks to replicate its current model with 2 new acquisitions by year-end.
- Emphasis on shallow mines with a history of production and known vein structures.
- Existing sales networks in Asia where it sells physical supply to accommodate a strong appetite for its product, thus generating major gross profit (revenue).
- High operating and net profit margins.
- High cash/low debt position.
- Forecasting $6M in gross profit in 2019 and we could see a 4x – 5x rise in 2020
To review the full AABB Research Analyst Report visit Goldman Small Cap Research.
Other hot stocks making news today include Alternet Systems (ALYI), Hemp, Inc. (HEMP), and Puration, Inc. (PURA).
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