Gold is trading at record levels: These are Macquarie's top ASX gold picks
Among the large-cap gold stocks, Northern Star Resources (ASX: NST) stands out with the most significant EPS upgrades, averaging 25% over the next five years. This is attributed to its higher cost base, which provides greater leverage to gold price movements, and its lack of copper exposure…
Northern Star has emerged as the most preferred large cap pick for its superior growth outlook and capex drop off. The analysts forecast gold production to rise 26% between FY24 and FY27, with meaningful capital spending increasingly in the rear view mirror.
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