Atlas Pearls Ltd (ATP), an ASX listed company, has become one of the world's leading producers of the high quality white and silver South Sea pearls. The Company operates across seven farming locations throughout the South Seas and employing more than 1,000 people, the Company harvested more than 629,000 pearls in the FY2022.
427,871,758 shares on issue at 0.084 cents gives a market cap of $35.94 mil.
EPS.0.020
PE 3.93
NPAT $9.08 mil.
NTA 8 cps
Dividend 0.003
Yield 4.16%.
Pearl prices remain high.
Next update is their half year to end of December which will be announced in February.
Perhaps they will update at their AGM on 9th November.
NB.Marine Farming is extremely high risk.