Opinions Stockchase Insights
Roxgold IncROXG.TOBUYMar 03, 2021
Stockchase InsightsUnknown
$1.48
Stock price when the opinion was issued
precious metals
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TOP PICK
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)
Bill Harris, CFAOwned
precious metals
BUY
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.
Bill Harris, CFAOwned
precious metals
TOP PICK
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)
Paul Gardner, CFAOwned
precious metals
PAST TOP PICK
(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.
Bill Harris, CFAOwned
precious metals
COMMENT
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.
precious metals
WATCH
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.
precious metals
PAST TOP PICK
(A Top Pick June 14/17 Down 29%) Falling as gold prices have weakened. He still believes at some point gold will come back in favour. The company continues to make money even at these price levels.
Bill Harris, CFAOwned
precious metals
BUY
He is playing the precious metals market with this stock. They have been very cost efficient and are well placed for the eventual gold price run up over the next 5 years as the US begins to deal with trillion dollar deficits. He views them as a defensive way to play this sector.
Bryden TeichOwned
precious metals
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