EV/Reserves Question
So EV/Reserves compares enterprise value to reserves (which is essentially a measure of production). So why would we not just use EV/Revenue instead considering that revenue is just quantity sold x price?
Thanks in advance!
So EV/Reserves compares enterprise value to reserves (which is essentially a measure of production). So why would we not just use EV/Revenue instead considering that revenue is just quantity sold x price?
Thanks in advance!
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