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G2 Goldfields (GTWO-X)
CVE:GTWO
0.98
0.02
(2.00%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
G2 Goldfields (GTWO-X) is seen as a strong opportunity for amalgamation, with neighboring companies likely to merge with the company and recent financing suggesting an amalgamation with a partner. The company is also noted for being in the lowest cost quartile in terms of costs, making it an attractive prospect for investors. With tier-one gold deposits and activity in Guyana, the company is also a potential takeover target due to the threat of Venezuelan invasion. Overall, it presents as both a discovery stock and an amalgamation play, offering potential for growth and consolidation in the industry.
$0.980
Owned
Are active in Guyana, but Venezuela threatens to invade Guyana and take over their resource-rich territory. But GTWO has tier-one gold deposits which would make it a takeover target.
Operating in what he hopes will become a Tier 1 district, which means 10M+ ounces. A bit of a stretch, but geography is amenable. Guyana itself has newly found fiscal stability with discovery of 10B barrels of recoverable oil.
Suspects will eventually merge with GTWO, as they're so close together. Or get taken out simultaneously by a larger company. Both management teams get along, and will each work to create value before any of this happens.
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G2 Goldfields(GTWO-X) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
G2 Goldfields(GTWO-X) Frequently Asked Questions
What is G2 Goldfields stock symbol?
G2 Goldfields is a Canadian stock, trading under the symbol GTWO-X on the TSX Venture Exchange (GTWO-CV). It is usually referred to as TSXV:GTWO or GTWO-X
Is G2 Goldfields a buy or a sell?
In the last year, 1 stock analyst published opinions about GTWO-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for G2 Goldfields.
Is G2 Goldfields a good investment or a top pick?
G2 Goldfields was recommended as a Top Pick by on . Read the latest stock experts ratings for G2 Goldfields.
Why is G2 Goldfields stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is G2 Goldfields worth watching?
1 stock analyst on Stockchase covered G2 Goldfields In the last year. It is a trending stock that is worth watching.
What is G2 Goldfields stock price?
On 2024-04-08, G2 Goldfields (GTWO-X) stock closed at a price of $0.98.
Opportunity for amalgamation. Neighboring companies likely to merge with company. Recent financing suggests amalgamation with partner. Lowest cost quartile in terms of costs. Both a discovery stock and amalgamation play.