Jindalee Resources Stock

Jindalee Resources P/E 2024

Jindalee Resources P/E

-44.75

Ticker

JRL.AX

ISIN

AU000000JRL5

WKN

622834

As of Sep 27, 2024, Jindalee Resources's P/E ratio was -44.75, a -64.09% change from the -124.6 P/E ratio recorded in the previous year.

The Jindalee Resources P/E history

Jindalee Resources Aktienanalyse

What does Jindalee Resources do?

Jindalee Resources Ltd is an Australian prospecting, exploration, and development company specializing in non-ferrous metals such as nickel, copper, and cobalt, as well as gold and silver projects. Founded in 1982, the company is headquartered in Perth, Western Australia. Jindalee Resources Ltd focuses on identifying promising mineral deposits and investing in the exploration, development, and exploitation of mining projects. The company currently holds a variety of projects at different stages of development, including the flagship McDermitt project in Nevada, USA, and the Prospect Ridge and Grass Valley projects in Western Australia. The McDermitt deposit is one of the largest nickel-cobalt sulfide deposits in North America, with exploration programs covering more than 34,000 meters drilled. The Prospect Ridge project, located near Laverton in Western Australia, is a promising gold and copper project. The emphasis here is on identifying gold deposits, given Western Australia's rich tradition in gold mining. Modern technologies such as geophysical mapping and gravity surveys are being used for this purpose. The Grass Valley project, also located in Western Australia, is a promising gold project. The past explorations have been so successful that the company is now aiming to take the next step towards mine development. To successfully realize its projects, Jindalee Resources Ltd relies on close cooperation with external partners and suppliers from the mining industry. The company has already entered into numerous strategic partnerships and agreements with other companies and institutions. The approach at Jindalee Resources is to selectively acquire mining projects that have the potential to discover high-quality mineral deposits. In addition to exploration and deposit identification, the company also invests in resource development and technological advancements to ensure sustainable and high-quality production. Special emphasis is placed on the availability of experienced professionals to ensure the proper implementation of projects and compliance with all legal requirements and regulations. Additionally, Jindalee Resources Ltd employs an experienced team of geologists and engineers who are responsible for providing scientific analysis and recommendations for maximizing the utilization of available resources. This ensures that the company operates its mining projects in a sustainable, environmentally conscious, and socially responsible manner. Overall, Jindalee Resources Ltd is an established mining company specializing in the identification and development of promising mineral deposits. With a focus on non-ferrous metals such as nickel, cobalt, and copper, as well as gold and silver projects, the company is well positioned to grow in the industry and successfully implement its projects. With an experienced team, state-of-the-art technology, and a smart strategy, Jindalee Resources Ltd is on a promising path. Jindalee Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jindalee Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of Jindalee Resources is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Jindalee Resources's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Jindalee Resources is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Jindalee Resources’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Jindalee Resources stock

What is the price-to-earnings ratio of Jindalee Resources?

The price-earnings ratio of Jindalee Resources is currently -44.75.

How has the price-earnings ratio of Jindalee Resources changed compared to last year?

The price-to-earnings ratio of Jindalee Resources has increased by -64.09% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Jindalee Resources high compared to other companies?

Yes, the price-to-earnings ratio of Jindalee Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Jindalee Resources affect the company?

An increase in the price-earnings ratio of Jindalee Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Jindalee Resources affect the company?

A decrease in the price-earnings ratio of Jindalee Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Jindalee Resources?

Some factors that influence the price-earnings ratio of Jindalee Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Jindalee Resources pay?

Over the past 12 months, Jindalee Resources paid a dividend of 0.76 AUD . This corresponds to a dividend yield of about 99.74 %. For the coming 12 months, Jindalee Resources is expected to pay a dividend of 0 AUD.

What is the dividend yield of Jindalee Resources?

The current dividend yield of Jindalee Resources is 99.74 %.

When does Jindalee Resources pay dividends?

Jindalee Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Jindalee Resources?

Jindalee Resources paid dividends every year for the past 0 years.

What is the dividend of Jindalee Resources?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Jindalee Resources located?

Jindalee Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Jindalee Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jindalee Resources from 7/23/2010 amounting to 0.786 AUD, you needed to have the stock in your portfolio before the ex-date on 7/9/2010.

When did Jindalee Resources pay the last dividend?

The last dividend was paid out on 7/23/2010.

What was the dividend of Jindalee Resources in the year 2023?

In the year 2023, Jindalee Resources distributed 0 AUD as dividends.

In which currency does Jindalee Resources pay out the dividend?

The dividends of Jindalee Resources are distributed in AUD.

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Andere Kennzahlen von Jindalee Resources

Our stock analysis for Jindalee Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Jindalee Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.