Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

MERC
Mercer International Inc
NASDAQ
6
Open 6.43 Prev Close 6.39
High 6.68 Low 6.32
Volume 741,689 Volume (Avg) 359,208
52 Week High 16.70 52 Week Low 5.73
Market Cap 976.8M PE Ratio -2.03

About Mercer International Inc

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. It operates through two segments, Pulp and Wood Products. The company also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, it manufactures, distributes, and sells lumber and other wood residuals. Further, the company produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. It sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. The company was founded in 1968 and is headquartered in Vancouver, Canada.

General

NameMercer International Inc
TickerMERC
ExchangeNASDAQ
SectorBasic Materials
IndustryPaper & Paper Products
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees2,375

Highlights

Analyst Target16.80
Market Cap976,823,936
PE Ratio-2.03
PEG Ratio1.54
EBITDA193,259,008

Share Stats

Shares Outstanding65,868,100
Shares Float56,226,054
Shares Short756,911
Insider Holdings4338%
Institution Holdings51.51%

Highlights

Analyst Target16.80
Market Cap976,823,936
PE Ratio-2.03
PEG Ratio1.54
EBITDA193,259,008

Valuation

Forward PE23.81
Price/Sales (Trailing 12 Mt.)0.73
Price/Book (Most Recent Quarter)1.72

Dividend

Mercer International Inc pays out a dividend of $0.33 per share, with a dividend yield of 4.88%.

MERC's last dividend payment was made to shareholders on April 7, 2021.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Jul 3, 2024$0.08
Apr 4, 2024$0.08
Dec 28, 2023$0.08
Oct 4, 2023$0.08
Jul 6, 2023$0.08
Apr 5, 2023$0.08
Dec 29, 2022$0.08
Oct 5, 2022$0.08
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