Daily Stock Opinions and Ratings

Opinions

Ross Healy Argonaut Gold AR-T HOLD Jul 17, 2020

Room to run? Gold stocks in general remain skeptical on the price of gold and so too is the earnings outlooks for gold stocks. Gold is under owned in professional portfolios in his opinion. There is a long way for all gold share prices to rise as demand for gold will eventually rise and this will also lead to higher multiple valuations in the future.

Ross Healy

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$2.380

Stock price when the opinion was issued

Mining

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BUY

The share price is rising with higher gold prices. They are adding production in Ontario to expand their holdings beyond Mexico. He likes the management team, but has not come back to buying them yet. If you like gold, the stock is pretty cheap here.

BUY

Building a mine is not easy. Has really good projects. Price target of $3.50. If you own it, not a bad place to add more. Will move on higher gold prices, and will start to shine quite nicely this year.

BUY ON WEAKNESS

Up 9% today, it's worth a look back at $2.50 or 2.60.

BUY

He thinks the price of the sector in general will go higher. Buy right and sit tight. This company will be on the acquisition trail. They have made recent acquisitions for stakes in other companies. Good management team. (Analysts’ price target is $4.25)

BUY

A takeover candidate Yes, it's possible, but also for a lot of these companies. He has a $4.25 target. He likes AR's recent drill results, showing good grades. Growth is coming from exploration and production. A fine company. AR could even acquire other companies.

BUY

Likes it. $3.25 target, a buy. Great project. Really likes the US. It's going to be one of the best mining jurisdictions. The light hasn't come on with US investors yet, but when it does, US money is going to chase these, and anything in the US will do well.

BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The $45M bought deal adds to the current cash of $173M. The cash needs are close to the cash position. The mine has reported an okay technical report. Would like to see the IRR higher than 19% however. Removal of financial uncertainty will be good for the stock. The sector has been doing somewhat better. Unlock Premium - Try 5i Free

DON'T BUY

Gold is supposed to be the inflation hedge, but that hasn't happened. He owns no gold, because it pays no yield. Gold is a personal preference. Owning a little is fine, but in bars to be stored in a bank. Don't buy the funds, because you must pay a fee.

HOLD

Expecting company to be bought. Would recommend holding.

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Ross Healy Argonaut Gold AR-T HOLD Jul 17, 2020

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