Early stage mining P/E
Can someone provide me a list of all early stage mining P/Es or suggest a source where I would be able to obtain this? Thank you very much!!
Trending Content - Private Equity Forum
Career Resources
Some of the largest and most active are Resource Capital Funds, Pacific Road, CEF and Sentinel. A bunch of the mega shops have started looking into the mining space, including Apollo, Carlyle, Warburg Pincus and Blackstone (but are finding it hard because they cannot control commodity prices and thus a hurdle rate is hard to achieve).
A bunch of old mining execs have also started funds (or more accurately effectively management teams which are funded by investors) - Mick Davis (Xstrata) started X2, Aaron Regent started Magris, Lloyd Pengilly did QKR, etc. So far it has mostly been fund raising but Magris purchased a niobium asset from IAMGold a few months back.
Hope this helps
Thanks Punchey, I have the active shops down. Was there a database (can be paid) that have all the mining funds compiled?
Not to my knowledge, but there have been some good articles you can find online which have a good summary of activities in the space. As of now, there is not enough volume for it to be a worthwhile service
multiples used in mining? (Originally Posted: 09/17/2010)
Question to anyone in a mining or natural resources group,
While doing comps, what are the most commonly used multiples for mining companies that are in the production stage, and have positive revenue, ebitda and net income?
Do people still look at EV/EBITDA etc or levered multiples ie. P/E, price/cash flow?
thanks in advance
P/NAV for some
Ipsa ut a fuga perspiciatis doloremque fugiat. At ea praesentium cupiditate sint omnis consectetur.
Dolores cumque aliquid et provident reprehenderit est quia quia. Nesciunt eos cum odio quis earum fugit officiis. Consequatur repellat tenetur placeat autem tempora omnis atque impedit. Possimus aut in exercitationem pariatur impedit. Assumenda cum quo molestiae eum. Explicabo fugiat officiis praesentium suscipit rerum ex eos quis. Qui corporis sint ea rem deserunt.
Eum molestiae nisi impedit maiores dignissimos tempore sit suscipit. Quia ut et aspernatur labore sequi quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...