Equinox Gold (EQX-T)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has missed on most the 3 most recent results. The company has also had to temporarily suspend activities in a mine in Mexico but also announced positive news at their Brazil mine. Has solid cash balance, increasing equity position, low debt and good liquidity. A good price to enter. Unlock Premium - Try 5i Free

It is the only publically traded gold producers that has the following: It is in the sweet spot in terms of size as a mid-tier, it has a cost structure that has room for improvement, it has multiple producing assets all in politically stable jurisdictions, it offers fully funded growth projects, it has high insider ownership at 8.5%, and it has proven leadership. It just announced acquisition of Premier Gold. It trades at a discount. (Analysts’ price target is $22.75)

Gold Gold has had a nice run, but is now toppy. It tends to meet resistance at the current level. If it does rise further, it won't go far. Take profits or sell outright.

She has not owned any gold for the longest time. She has been looking for opportunities where they can go higher without the commodity going higher. She is not sure about Equinox and it has not hit any of her screens yet.

His view on gold stocks is that there are three kinds of stocks. The large caps have a difficult time growing; the small caps are too risky and then there are the mid-tiers. The latter are the most attractive and more so are any that are about to become a mid-tier. He prefers EQX-X. Management has an impressive track record.

If it's gold, you have to own it. Don't worry if it doesn't have any earnings now. Underwater because of production costs, so they cut and cut. Now the leverage on the growth is unbelievable. Early innings, not too late. (Analysts’ price target is $2.08)

Will believe in the golds when inflation comes back. Historically, a great place to go when inflation rears its ugly head. Except inflation is not doing that right now. He doesn't own any gold stocks.

The Abu Dhabi sovereign fund put in $150 million the other day that wipes out almost all its debt. Interested junior to be in.