Hey guys, in this volatile environment, I wanted to bring attention to a small cap coal miner operating in Indonesia. The name of the stock is Geo Energy Resources (SGX:RE4), and it's listed on the Singapore Stock Exchange.
Geo Energy Resources has an extremely fair valuation, with a P/E of only 2.28, no debt, and has a dividend yield of 26%. The company only has a market cap of 575M, but this just means in the favorable environment we are seeing now, it won't be too hard to see a huge move upwards.
Coal is at record high levels, and will remain high for years to come. The best way to capitalize on this coal surge is with junior coal miners.
Leave a Reply