bigdaddy's Blog : FRG

FRG is an exploration and development company focused on gold and uranium deposits. Its web site is www.fronteergroup.com.

If you are a conservative investor and need a strong balance sheet:

-- it has no debt

-- it has $79 million in cash and equivalents, $.88 per share.

-- its book value is estimated between $3.17 and $4.12 per share, there are 83.53 million shares outstanding

Over the last 52 weeks the price range per share has been $1.22 to $9.83. Various analysts have a price target ranging from $3.50 to $11.00. The consensus analysts rating for the stock is overweight.

The price earnings ratio is 9.2 and the earnings per share are $0.24.

The company pays no dividend.

PROS

I believe that gold and uranium have a favorable outlook at the present time. This company will benefit from increases in the prices of these 2 commodities. It is reasonably priced and has a strong balance sheet

CONS

It is a very low priced stock and as such is not followed by very many analysts and is off the radar screen of most mutual funds and other investment pools.