Dr. Reuter Investor Relations: According to analysts: These are the cheapest gold stocks
https://www.boerse-frankfurt.de/nachrichten/IRW-News--Dr-Reuter-Investor-Relations-Laut-Analysten-Das-sind-die-guenstigsten-Goldaktien-a46d3da0-abc1-42cf-88c7-120cc46b40be
With the rising gold price and the strong performance of shares of large gold producers, analysts believe that second-tier gold stocks are also becoming more attractive.
The experts at Morgan Financial havetaken a close look at the market for companies with more advanced gold companies – so-called developers.Large producers show good performanceThe shares of many established gold companies have risen significantly in recent months.High gold prices have put the large companies in the spotlight.Many investors are therefore betting onthese stocks.
One example is Agnico Eagle: The share price has almost tripled in the past 18 months.Endeavour Mining and Kinross Gold are also showing stable performance.A look at the second tierAt the same time, it is clear that large producers such as Barrick Mining and Newmont have invested little in new projects in recent years.The result: Their reserves are shrinking.This is drawing increased attention to potential takeovers.Adriatic Metals, for example, is currently negotiating with Dundee Precious Metals.
The company itself started small.Today, it is in a much better position – its share price has increased fivefold since 2021. If the takeover is successful, it would be an important step for shareholders.
Potential in the Mid-Market SegmentThose who have been in the market for some time will remember: In previous gold bull markets, the large producers initially gained ground.Later, more takeovers followed, and developers moved more into focus.There are similar signals today, too.For example, at Montage Gold, which is developing a project in the Ivory Coast.A mine is being built there that could one day be one of the largest in West Africa.Barrick has been mentioned as a potential buyer.Interest in these developers appears to be increasing.
Morgan Financial has therefore analyzed which of these companies stand out in current research.
Analysts compared the company's value to the project size in ounces.Spartan Resources (457.8 EV/oz), Ora Gold (314.2 EV/oz), and Yandal Resources (205.6 EV/oz) are considered rather high.Barton Gold (33.3 EV/oz), Matsa Resources (29.8), and Tesoro Gold (28.4) appear significantly cheaper.
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a po po West Afrika......
Burkina Faso: Nationalization of two gold mines consolidates state control over resources
https://www.investmentweek.com/burkina-faso-nationalisierung…
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