OTC: BHLL - Bunker Hill Mining

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键利率
Excess Key Rate — 期望超出关键利率
EPS = -0.0416
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.0995 + (0.0995 * 8.66% / 100) = 0.1081

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount Ebitda(5) * (1 + Ebitda Yield) / (WACC - Ebitda Yield)
Company Value = ∑ (Discount Ebitda / (1 + WACC) ^ 5)
Discount Ebitda(5) = -0.0418
Ebitda Yield = 0.1637
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.0071
Debt = 0.0361
Market Cap = 0.034
Weight Debt = Market Cap / (Market Cap + Debt) = 0.034 / (0.034 + 0.0361) = 0.485
Weight Cost Debt = 100% - 0.485 = 0.515
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 2.39
β = -1.12
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + -1.12 * 5.94 + 0 = -0.0428
WACC = (0.0071 / 0.0361) * (100% - 0.485) * (1 - 0.21) + -0.0428 + 0.485 = 15.49
Terminal Value = Discount (-0.0418 * (1 + 0.1637) / (15.49 - 0.1637)) = -2.71
Company Value = ∑ (-0.0418 / (1 + 15.49) ^ 5) = -0.1002
Price = (Terminal Value + Company Value) / Count shares = (-2.71 + -0.1002) / 269800000 = -10.43

Price = (Terminal Value + Company Value) / Count shares
Price - 价格公道
Terminal Value — 预测后期间的成本
Company Value — 预测期内的成本
Count shares - 股份数量
Terminal Value = Discount FCF(5) * (1 + FCF Yield) / (WACC - FCF Yield)
Company Value = ∑ (Discount FCF / (1 + WACC) ^ 5)
Discount FCF(5) = -0.1031
FCF Yield = 0.3419
WACC = (Interest Expense / Debt) * (Weight Cost Debt) * (1 - Tax) + Cost Of Equity * Weight Debt
Interest Expense - 偿债成本
Debt - 责任
Weight Debt - 相对于债务的资本权重
Weight Cost Debt - 债务权重相对于资本总额
Tax - 税
Interest Expense = 0.0071
Debt = 0.0361
Market Cap = 0.034
Weight Debt = Market Cap / (Market Cap + Debt) = 0.034 / (0.034 + 0.0361) = 0.485
Weight Cost Debt = 100% - 0.485 = 0.515
Tax = 0.21
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 2.39
β = -1.12
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.39 + -1.12 * 5.94 + 0 = -0.0428
WACC = (0.0071 / 0.0361) * (100% - 0.485) * (1 - 0.21) + -0.0428 + 0.485 = 15.49
Terminal Value = Discount (-0.1031 * (1 + 0.3419) / (15.49 - 0.3419)) = -0.3602
Company Value = ∑ (-0.1031 / (1 + 15.49) ^ 5) = -0.1901
Price = (Terminal Value + Company Value) / Count shares = (-0.3602 + -0.1901) / 269800000 = -2.04