Stockchase Insights
Roxgold Inc
ROXG-T
BUY
Mar 03, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is a smaller and cheaper company than the big gold names. It has more leverage to deal with, discovery and multiple expansion is possible. There is more risk. Generally, small and mid cap gold outperform in a gold rally. You need to be okay with the risk. Unlock Premium - Try 5i Free
He has looked at it in the past. A portfolio manager change with a few key mutual funds may have resulted in the stock priced getting hurt as they sold out of their positions. They have done a good operational job, but it is a little too small for him. He is going to take a closer look going forward.
It is one of the best in the space. It has a single asset risk and exploration has not born out given what they have spent. A recent acquisition may change things in terms of diversification. A fund was a major holder of this stock last year and liquidated it and put the valuation under pressure.
(A Top Pick Apr 13/18, Down 13%) Got cheap and sat there. Projecting huge amounts of money for the size of the company. In motion to build up to a mid-size gold company.
One of the highest grade deposits in the world. They have no debt and prints cash. He thinks gold prices will go higher. Yield 0% (Analysts’ price target is $1.70)
A high grade underground mine. They do not need a lot of power -- it is high grade. US investors do not like West Africa right now. If the project was anywhere else, it would do well. He would not be a buyer because of the security issues.
It is a high grade underground gold deposit in West Africa. The company has been generating free cash flow. It is a good management team and they are starting a new project also in West Africa. There is a security risk in these areas, however.
The only small cap gold stock they own. It's caught up in the West African politics. They like the projects going forward though and they are securing their production.
Long owned this. They make a lot of money for a small-cap. They now have a second mine in the Ivory Coast while their Burkino Faso one will continue to do well. A cheap stock that gives you exposure to gold. (Analysts’ price target is $2.47)
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is a smaller and cheaper company than the big gold names. It has more leverage to deal with, discovery and multiple expansion is possible. There is more risk. Generally, small and mid cap gold outperform in a gold rally. You need to be okay with the risk. Unlock Premium - Try 5i Free