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This unusual stock is dirt-cheap and highly leveraged to gold
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Wednesday, June 02, 2010
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From Resource Investor:

It is not too often that you come across a company with quarterly income that is just shy of their entire market cap.

Endeavour Financial (TSE: EDV) (EDVMF.PK) is just such a company and boasts a P/E ratio of just 1.1 based on their latest quarterly earnings.

Not to be confused with Endeavour Silver, Endeavour Financial is a merchant bank focused on the natural resource sector. Somewhat similar to Silver Wheaton (SLW)...
 
Read full article... 

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Topics: Gold | Financials | Stocks
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