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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: YYY vs.ECU

Re: YYY vs.ECU

in response to by
posted on Jul 06, 2009 10:09PM

Sinbob,

Comparing share prices doesn't do the trick, market cap is what you have to look at. I think ECU has roughly 4 to 5 times more stock outstanding, based on what you've said in your two posts. So, rather than 8x's as high, it might be twice as expensive.

Your point is well taken, of course, but the difference in value of the two companies is not quite as dramatic as the stock price might lead someone to believe.

My math could easily be off, possibly someone else might confirm or refute.

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