webmaster Posted March 13 Report Share Posted March 13 Cheapest GOLD Stocks : ROY: SR: iMed: JR1: JR2: etc.. based on P/CF ROY: Sand: $5.43, 7.1%; Tfpm: $16.32, 21.3%; Rgld: 122.3, 159%; FNV: 123.3, 161% /UGL $76.7 @5.3.24 SR : K , EDV, BTO, ABX iMed : FVI, OGX, NGD, EQX, CDE JR1 : ORE, ORA, ARIS, KRR; JR2: ARIS, CXB, MAG, IAU ===== CHEAPEST 3 - Royalty, based on P/CF USD.eqv Price: Gn.>Target NAV: Pr/N: Pr/CF EV/eb FCFsust.Mr 1 SAND 4.65 +47% $6.85 $6.04 0.77x 12.4x, 11.3x 57% 2 RGLD 112.75 +28% 144.0 78.30: 1.44x 14.0x, 11.7x 69% 3 TFPM 13.63 +14%: 15.56 14.48: 1.27x 16.5x, 15.2x 76% 6 WPM 44.70 +26% 56.30 29.60 1.51x 25.8x 21.8x 66% 7 FNV 115.0 +01%: 120.0 55.27 2.08x 26.5x 20.1x 72% SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Edited just now by webmaster CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% === CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Seniors 1 K C$7.25: 11.00, 13.43: 0.54x, 3.9x, 26% 2 EDV C25.70: 45.00 55.87: 0.46x, 4.7x 26% 3 BTO C$3.56: $7.25, $8.48: 0.42x, 4.9x 25% 6 ABX C21.29: 27.00, 32.75: 0.65x, 6.4x 24% Intermed. 1 FVI C$4.35: $6.00, $5.18: 0.84x 2.4x 23% 2 OGC C$2.75: $4.00, $3.09: 0.89x 2.5x 33% 3 NGD C$2.03: $2.75, $2.86: 0.71x 2.7x 29% x EQX C$6.33: 11.50, 23.44: 0.27x 3.3x 17% x CDE $3.13: $3.00, $3.19: 0.98x 12.0x -9% x HL $4.06: $5.00, $3.03: 1.34x 12.3x +9% Junior Prod /1 ORE C$0.90: $2.25, $3.60: 0.25x, 2.0x, 41%% /2 ORA C$9.42: 15.00, 117.75 0.08x, 2.4x, 30%% /3 ARIS C$4.55: $9.25, 32.50: 0.14x, 3.0x, 22%% /4 KRR C$4.76: $7.75, $9.92: 0.48x 3.6x, 36%% /5 CXB C$1.75: $3.00, $4.07: 0.43x 3.6x, 27%% /x MAG C$12.17 20.00, 17.64: 0.69x 13.1x, 14%% /x IAU C$2.11: $6.00, $5.86: 0.36x nm , -53%% /==== Link to comment Share on other sites More sharing options...
webmaster Posted March 27 Author Report Share Posted March 27 GOLD set to RIse vs. Stocks?: 140 Years ... YT interview: xx RGLD : $117.36 + $7.30, +6.63% BMO Capital Upgrades Royal Gold to Outperform, Adjusts Price Target to $158 From $148 03/27/2024 (MT Newswires) -- Royal Gold (RGLD.NaE) has an average rating of outperform and price targets ranging from $115 to $166, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Link to comment Share on other sites More sharing options...
webmaster Posted April 7 Author Report Share Posted April 7 NOT the CHEAPEST - But called "The Best" VIDEO: Top 5 "Best Of The Best" Mining Stocks Things Can Change, eh? RICK RULES. Best-of-Best, early 2022 Symbol : Company Name : ye’21 : ye’23 : apr’24 : % chg = GLD : GOLD etf. : FNV / Franco Nevada: 137.20: 000.00: 000.00: -10.9% WPM / Wheaton Prec.: 42.78: 00.00: 00.00: +18.2% RGLD / Royal Gold : GOLD / Barrick Gold : AEM / Agnico Eagle : NEM / Newmont Mng.: FNV: $122.31, vs YE'21 (137.20): - 10.9% WPM: $50.57, vs YE'21 ($42.78): +18.2% RGLD: GOLD: $17.86, WPM: $50.57, vs YE'21 ($42.78): +18.2% AEM: vs YE'21 ($00.00): +00.0% Link to comment Share on other sites More sharing options...
webmaster Posted May 5 Author Report Share Posted May 5 NEM-vsGold-etc: $40.66 /UGL-76.70= 53.0%; GOLD-$16.46, 21.5%, GDX-$33.44, 43.6% @ 5.03.24 Analyst: Pr.: BkVal: BoS-HuS= Cs, High-Low: Ave: /Price: Q1-Qtr2: OptVol ARMN $ 4.12: $4.54: (6-0-0-0-0) B 8.74-4.75: $6.78: 165%: 0.09 0.19: NoOp GOLD $16.46 13.36 (13–4–6-0-0) O 26.2- 17.8: 21.59: 131%: 0.25 0.30: 30.% NEM : $40.66 25.06: (9-5-8-2-0) O 54.0-38.3: 47.14: 116%: 0.55 0.67: 32.% AEM : $65.04 39.43: (16-2-1-1-0) B 98.3-57.0: 76.76: 118%: 0.76 0.81: 28.% KGC : $ 6.59: $4.95: (10-1-6-1-1) O 9.78-5.50: $7.97: 121%: 0.06 0.09: 38.% RGLD $122.3: 39.48: (5-1–6-1-0) O 168.- 129.: 151.2: 124%: 0.92 1.09: 28.% FNV : $123.3: 30.26: (3-1-4–1-0) H 175.- 127.: 141.6: 115%: 0.79 0.84: 28.% WPM: $52.69 15.42 (13-1–3-0-0) B 70.0- 40.4: 58.66: 111%: 0.30 0.29: 32.% TFPM: $16.32: $8.99 (10-1-0-0-0) B 23.2-15.0: 18.78: 115%: 0.11 0.11 : 48.% SAND: $ 5.43: $4.79: (9-1-2-0-0) B 11.0- 5.50: $7.54: 139%: 0.02 0.02: 38.% GROY: $ 1.90: $3.58: (5-0-2-0-0) O 5.75- 2.50: $3.56: 187%:-0.01-0.01: 72.% MUX : $11.76: 10.16: (5-0-0-0-0) B 13.5- 10.0: 11.88: 101%: -0.14 -0.11: 66.% MAG : $12.28: $4.92: (9–2-2-0-0) B 17.5-12.53; 14.97: 122%: 0.13 0.12: 44.% CDE : $ 4.88: $2.55: (7-1-1-0-0) B 6.00-4.50: $5.46 112%: -0.01 0.03: 68.% EQX : $ 5.38: $7.68: (7-0–0-4-0) O 8.79-4.93: $7.02 130%: -0.07-0.01: 52.% ====> source: Y-stats: Link to comment Share on other sites More sharing options...
webmaster Posted May 6 Author Report Share Posted May 6 ROY: At $5.43, SAND could be the Top ROY pick of early MAY, at 7.1% of UGL ($76.70) ROY: Sand: $5.43, 7.1%; Tfpm: $16.32, 21.3%; Rgld: 122.3, 159%; FNV: 123.3, 161% /UGL $76.7 @5.3.24 SAND ($5.43) to TFPM.to (C$22.28): R-24.4%. SAND ($5.43) to TFPM ($16.32): R-33.3% == Link to comment Share on other sites More sharing options...
webmaster Posted May 25 Author Report Share Posted May 25 IAU.t / i-80 Gold Corp : C$1.53, BV:1.37, PER: n/a, Yield, n/a (R: 1.49 to 3.12 ) Ratio: C$1.53 / $78.39 =1.95% === Link to comment Share on other sites More sharing options...
webmaster Posted May 25 Author Report Share Posted May 25 Gold DOGS - vs EQX/ UGL (B <7%?) - Short cycle Low coming End of June? EGX ($5.12) / UGL ($74.95): 6.83%. BTG ($2.59, 3.46%), IAU.t (C$1.44, 1.92%) at 6.07.24 EGX ($5.57) / UGL ($78.39): 7.11%. BTG ($2.76, 3.52%), IAU.t (C$1.53, 1.95%) at 5.24.24 === Our take: • We view today’s gold pour announcement as positive and note that EQX met its target of first gold in May. The company has a Q3/24 target for commercial production at Greenstone. • At 100% ownership, Greenstone (47% of NAV) is a true cornerstone asset for EQX and on our estimates, the mine will generate just under ~350koz of gold per year at average AISC of ~$900/oz over its 14-year mine life. • We forecast EQX’s overall production ramping up to ~1Moz in 2025, driven by Greenstone, and with AISC declining by 12% y/y. Our focus going forward: • Greenstone ramp-up. Recall that on May 13, EQX announced the closing of its acquisition of Orion Mine Finance’s 40% interest in the Greenstone mine for $995M in cash and equity, bringing EQX’s ownership of the mine to 100%. We’re now focused on commercial production (targeting Q3/24), as well as the subsequent ramp-up, which we forecast to drive production to ~1 Moz by 2025. • Los Filos negotiations. EQX is currently in the process of negotiating new social and land access agreements with local community stakeholders and landowners, a prerequisite, it says, to the construction of a new 10,000 tpd CIL plant which will improve costs and ensure long-term economic viability of the mine. We flag these negotiations and the potential for related production suspensions as a risk to EQX’s 2024 guidance, production profile, and our asset valuation. • Balance sheet. With an additional $500M term loan to acquire Orion’s Greenstone interest, we forecast ND/EBITDA (NTM) increasing to 2.3x in Q2/24. Management has stated deleveraging is now a focus and on our estimates, the company achieves a net cash position by 2028, supported by increased cash flow from Greenstone. Valuation: We maintain our BUY rating and target price of C$12.00. Our target price remains based on an equal weighting of 6.5x NTM EBITDA and 0.6x operating NAV less net debt and other corporate adjustments. RATIO : xx Link to comment Share on other sites More sharing options...
webmaster Posted June 8 Author Report Share Posted June 8 EQX since mid-2020: $5.12. PER:na , Yield:na (R: 3.95 to 6.50 ) 6.50-3.95=2.55 x38.2%= 0.97+3.95=$4.93 UGL: $74.95 === Link to comment Share on other sites More sharing options...
webmaster Posted June 8 Author Report Share Posted June 8 SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Link to comment Share on other sites More sharing options...
webmaster Posted June 8 Author Report Share Posted June 8 The "Cheap Majors": EDV.t (29.39) / ABX.t (22.23) = 132%, Gold (16.15) / NEM (40.36) = 40.0% EDV.t etc - since 2016: "one of Top 10-12 Gold producers" #9?- mostly in Franco-phone Africa Analyst: Pr.: BkVal: BoS-HuS= Cs, High-Low: Ave: /Price: Prev -Ls : PER: Yield: OptVol EDV.t c$29.39 $12.6 (3–5–0-0-0) B? 50.9-31.3: 39.54: 134%: 0.23 0.23: N/A : 3.72% ???% ABX. c$22.23 $13.4 (3-8-7-0-0): O? 41.0-25.0: 30.92: 139%: 0.28 0.21: 20.0 : 2.44% ???% GOLD $16.15 13.36 ( 4-9-6-0-0): O? 18.0-25.3: 22.21: 138%: 0.27 0.19: 20.0 : 2.48% 31.% NEM $40.36 25.06 (0-9-7-0-0): O? 67.9-58.9: 63.39 157% 0.68 0.75: N/A : 2.48% 32.% AEM $63.80 39.43 (0-8-5-2-2): H? 118.-58.0: 63.80 100% 0.57 0.76: 67.5 : 2.51% 30.% === > YahooFinance : Barchart : EDV Analyst Recommendation Trends In the current month, EDV has received 25 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. EDV average Analyst price target in the past 3 months is C$40.71. > xx Endeavour Mining shares slump after gold miner fires CEO Jan. 5, 2024 at 6:40 a.m. ET by Steve Goldstein Link to comment Share on other sites More sharing options...
webmaster Posted June 9 Author Report Share Posted June 9 Endeavour Mining plc's (TSE:EDV) Intrinsic Value Is Potentially 68% Above Its Share Price editorial-team@simplywallst.com (Simply Wall St) / Fri, May 31, 2024 In This Article: EDV.L-5.98% Largest West African producer : 4 Gold mines & growing Key Insights Using the 2 Stage Free Cash Flow to Equity, Endeavour Mining fair value estimate is CA$50.08 (168%) Endeavour Mining's CA$29.82 share price signals that it might be 40% undervalued The US$39.12 analyst price target for EDV is 22% less than our estimate of fair value EDV: 2023: C$29.39, w/UGL ($74.95) = 39.2% Ratio, C$29 / ugl-$75 = 39.2%, +3.09% FOCUS on NAV & CF, on PER SHARE Basis, RR-Video, and Presentation Link to comment Share on other sites More sharing options...
webmaster Posted Thursday at 07:34 AM Author Report Share Posted Thursday at 07:34 AM Canaccord Genuity Precious Metal top picks (Cv. to $= C$1.38 ): Senior producers: : EDV (C$53 / C$30.9= +71.5%) Endeavour* K > KGC: $11.6/ 8.85=+31.1%) Kinross* Intermed. Mid /Jr prods: : ARIS (C$11.0 / C$5.86= +87.7%)* CXB (C$4.00 / C2.10 = +90.5%) Calibre TXG (C$32 / C$21.54= +48.6%) Torex RoyRoyalty /stream co.: : WPM (>$72.5/$60.0=+10.8%), Wheaton OR (C$31; $22.5 /17.43= +29.1%) Osisko *I own, or recently owned sh. in these miners. I will take a close look at: CXB, TXG (and their options, if any) Sr. / Mid. / Roy. : Mid. Roy : === Link to comment Share on other sites More sharing options...
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