GPL or EXK
Hello all, I've just recently delved into PM stocks and I got a question for you silver bugs. First I'd like to thank TMFSinchura for his extreme knowledge on metals and his willingness to share his knowledge. His blogs and articles have helped me tremendously.
I'm running into a problem with valuations on 2 silver miners, Endeavour Silver (EXK) and the much-hyped Great Panther Silver (GPL). I see that EXK trades at a current price/book value of about 5 where GPL is currently about 10. Both stocks have major growth ahead of them, however it seems that the current premium is higher for GPL and as a result, there may be more upside potential for EXK. I have done my DD, but I'm very very green when it comes to evaluation mining companies. I just think currently EXK looks like a better buy, am I wrong thinking this?