GoldMoney (TSX: XAU) has increased its trailing twelve month gross profit for six consecutive quarters from $6.087 million as of June 30, 2019 to $21.34 million as of December 31, 2020 for total 18 month growth of 250.58%! At $3.12 per share, XAU's market cap is $235.41 million but after subtracting XAU's net cash position and corporate owned gold/silver position, XAU has an enterprise value of only $169.346 million. XAU's enterprise value is only 7.94X its trailing twelve month gross profit. Since going public, XAU has averaged an enterprise value of 27X its trailing twelve month gross profit, which would currently value XAU at a new all-time high of $8.51 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
