Excerpt from todays FN Arena Broker Call . Abn Amro rates the stock as BUY from HOLD - While production in June Quarter was disappointing the broker expects 10,000oz this quarter & 21,000oz in December Quarter, while a restructured hedge book will improve the company's earnings going forward.
Valuation $0.64
Also Paul Van Eeden sold his gold stocks off in May ,But now gold is below $600 he see's attractively priced gold stocks & has resumed buying .His target for gold is somewhere between $900 and $1300 an ounce.
- Forums
- ASX - By Stock
- HIG
- valuation upgrade
valuation upgrade
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)