Weekly 52-Week Low (or 52-Week High): ALS-T, BMO-T, MPVD-T, CMG-T and More 52-Week Highs and Lows (Aug 06-12)

Opinion about ABX-N: Gold is going higher and so will this.

Opinion about ALS-T: She likes the royalty models which don't have the risks of operating mines. Its copper, potash, etc. covers the structural growth sectors. She sees 24% upside from here. It has steady cash flow, low net debt and a weaker U..S. dollar is good for it. It scores 9 out of 10 for…

Opinion about DSV-T: Owns it as a management play. Good silver development project albeit in Mexico, where there are permitting difficulties. Recent pivot to buying one of the Tier 2 Newmont assets changes the picture of the company; gives management a chance to do what they do well, developing mines in Abitibi district. They can use…

Opinion about FNV-T: Likes commodities right now. It was stuck forever around $200, and now we've seen a classic breakout and it's pulling back. Assuming the neckline is $200, if it can hold $200 and bounce off it positively, he'd buy. Great-looking chart as long as it can hold the neckline.

Opinion about GEO-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Geodrill offers drilling and exploration services with 19% growth expected next year but the growth rate does tend to be volatile year to year. Shares are cheap at 8X forward earnings but the industry can be cyclical so a lower valuation is…

Opinion about K-T: He prefers Kinross because it has a little more growth but both are excellent. As to the price of gold he thinks it holds with no big moves higher or lower.

Opinion about MAG-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We think MAG fits the bill. Its Mexican (safe) mine only recently went into production, and 2024 will be the first year of material revenue/cash flow for the company. The stock is acting well this year as it gets re-rated as a…

Opinion about NEO-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research EPS of 8c beat estimates of 6.8c; revenue of $121.6M beat estimates of $120.3M. EBITDA of $17M beat estimates by 19%. Revenue slightly decreased year over year but EPS soared from 1c last year. Production is ramping in Europe and the chemicals…

Opinion about OGC-T: It is an intermediate producer of gold and copper with four mines. Had a very big stock price jump recently with an earnings surprise of 18% and earnings revision of 19%. Free cash flow is a catalyst and he considers it an obvious buy. Earnings growth is very good along with a…

Opinion about OR-T: (A Top Pick Mar 11/24, Up 67%) Everybody loves gold now. Still only trades at 1.1x NAV. Cheaper on valuation than AEM, and still growing. Gossip that one of its downed mines might come back, so that's a catalyst. He'll always have an allocation to gold. See his Top Picks.

Opinion about SCR-T: It is not a bad name with a long reserve life index. Assets are dispersed and he prefers MEG with a better asset profile and one major asset.

Opinion about SSL-T: Mistakes in capital deployment were made about 3 years ago. Believes Turkiye mine will go into production, and cashflow will really change this company. Now using FCF to pay down debt rapidly. Either share price goes up, or company is taken over.

Opinion about SSRM-T: One of the most senior producers of silver. Silver is better than gold, as the bulk of silver production comes from copper mines. Silver just crossed $24, and there's lots of upside. SSRM has a $28 price target. He wants something that will benefit once inflation is realized.

Opinion about PX-X: Probably a cheaper way to own Detour Mines (DGC-T) as they own shares that are trading at about a 25% discount to the market price.

Opinion about SGN-X: It's a 10 cent stock, when even the big companies aren't doing well. If you like it, sure go ahead. But there's nothing he can add.

Opinion about UCU-X: It’s a tough deposit. Erratic mineralization with the Uranium. He doesn’t think a lot of the deposit. Prefers others.

Opinion about EMX-X: Uses geographic knowledge and entrepreneurial acumen to stake large-scale exploration projects around the world, and then farms them out to other people and gets the carried interest (which eventually turns into a royalty). From time to time, it buys operating royalties. Selling at a discount. Absolutely no need to issue new shares because…

Opinion about BK-T: Only downside is the fee. Just like an ETF, there are more holdings in the wrapper. For a small account, it makes sense. For a larger account, just buy the banks individually. You have to read the prospectus to see what the fee level is to see if it's worth it for…

Opinion about BMO-T: Strategy: Sell a call in the money for a stock that's going ex-dividend. After that date, share price will go down. So the call option you sold should go down in price. When you buy back the call, you make a profit. If you own this name and you're comfortable selling it…

Opinion about CIGI-T: (A Top Pick Nov 06/23, Up 63%) There's still upside. CIGI has benefited from rate cuts, since CIGI is in real estate. Peer CBRE announced strong results two weeks including double-digit revenue growth. There seems to be pent-up demand in the market. They use economic downturns not only to buy companies, but…

Opinion about CIX-T: (A Top Pick Sep 11/24, Up 81%) Taken out at $32.

Opinion about DC.A-T: It has a collection of assets in the real estate sector which could be interesting. The CEO owns a lot. Watch governance in this space. He looks at it every couple of years.

Opinion about DF-T: Dividend 15 Split Corp. (DFN-T) or Dividend 15 Split Corp. II (DF-T)? Both are Split shares. The preferred share is the low risk preferred share dividend. He wouldn’t buy both, because you are looking for either growth or income. He would use one or the other and build that in your portfolio.

Opinion about EFN-T: Company based on effective management of auto fleets for corporate accounts. New apps and technology is allowing for better management of business. Recent share price strength good for long term investors - but would wait to buy on weakness. Overall a strong business. 

Opinion about IGM-T: Stockchase Research Editor: Michael O’Reilly With $144 billion in assets under management, we reiterate IGM as a TOP PICK.  Cash reserves are growing while shares are bought back.  It trades at 11x earnings, under 2x book and supports a respectable 12% ROE.  The robust dividend is backed by a payout ratio under…

Opinion about MKP-T: Lending in real estate finance. Very interest-rate sensitive. If you think interest rates are going to rise, as in 2022, then it will underperform significantly. Will do better if rates fall. Thinks the BOC has a bit more to go on that, so there could be a bit more upside.But the stock's…

Opinion about NA-T: Probably warrants a fresh look in the wake of its merger with CWB, a fantastic and very synergistic deal. Makes it a scale player nationally with lots of cross-selling opportunities. Capital markets business is excellent. Reports mid-week next week. Small business in Cambodia has been tricky, but not enough to move the…

Opinion about PIC.A-T: This fund has 5 banks, and they split the capital shares, and the preferreds represent the dividends. A very good income producing pick, because it is about a 6% yield. If you think banks are going to continue to go up, which he does, you will continue to get a high dividend.

Opinion about RY-T: Like GS-N, it's the dominant bank in its country, and trades at a premium to peers, but deserves the premium because they've expanded into the lucrative wealth management area. They don't suffer problems in US retail banking like some peers; RY exited that decades ago. The forward PE of 13-14x is slightly…

Opinion about ZDC-X: Pivoted from oil services to security towers, which has seen explosive growth. Sophisticated AI monitors things all the time. Units are both fixed and mobile. On commercial and industrial job sites. Expanded into US, increased production. Amazing topline and bottom line growth. No dividend. (Analysts’ price target is $4.82)

Opinion about CRON-T: It got stuck above $30 and is now building a nice base. He likes this.

Opinion about GUD-T: Numbers are OK, but not fantastic. Better names in the sector. Lot of respect for management. May not be able to recapture the glory days of buying rights to distribute older drugs.

Opinion about TH-T: Best quarter is the last one, which ends in February. December - May is optimal holding period. Lately, it's been trending lower. No reason to be enticed just yet. Want to see support at major moving averages.

Opinion about BBD.B-T: Pleased with performance. Continues to like. Runup this month due to contract to deliver 50 aircraft. Pure play on private aviation. A generation or half a generation ahead of competitors in medium- and long-range aircraft. It's the best on a range of metrics, and its money-is-no-object customers don't comparison shop. After-market parts…

Opinion about DBM-T: Supplier to HD. Has gone down on recessionary fears. One of the big holdings in his income fund. Canada and US need to build more houses. Well run. Not a risky business. Big fat dividend yield of almost 9%.

Opinion about EIF-T: It has done well creating long term value for shareholders. It is good at acquiring and integrating assets. Doesn't own but likes it.

Opinion about LNR-T: (A Top Pick Aug 15/24, Up 12%) If he'd known what Trump was going to do, he wouldn't have chosen this one or BMW a year ago. Industrial stocks are getting more popular right across the world right now. Earnings are there for this name. Building scissor-lift company in China. Also into…

Opinion about RBA-T: Has fallen far from its highs and getting closer to its fair market value, but that is still 28% away. It could fall to $85.

Opinion about ENB-T: The kind of stock everyone can own. Dollar-cost average in, and hold long term. Consistent, reliable, pseudo-utility though it falls under energy. Not high growth or a high ROC, as it's very capital intensive. Dividend chart and payout ratio look fantastic.

Opinion about IPCO-T: Also a Lundin Group company. Consistent in buying back shares. Stock's substantially undervalued. Heavy oil producer. Potential beneficiary of de-bottlenecking Keystone. No dividend. (Analysts’ price target is $20.27)

Opinion about SDE-T: Since 2020, has distributed $1.8B to shareholders (including $9.60 special distribution in 2023). Came out of its shell with an oil play in the Duvernay. Will rerate as it continues to gather scale. Easily sees 20-30% upside, even if oil stays around $60. No dividend. (Analysts’ price target is $5.18)

Opinion about TCW-T: 100% up. Sell? Ask yourself what the opportunity is. We've seen a real change in the oilfields over the last decade. Instead of growth at all costs, companies have decided to get balance sheets in order and pay back capital to shareholders. So this name has fewer opportunities. That said, LNG Canada…

Opinion about TOT-T: Well-run company. Always trades at a bit of a discount to the sector because of the nature of the business. Not a bad one to get into.

Opinion about GSY-T: Likes it as part of a portfolio of 20-30 stocks. Don't make it core (for that he'd rather a RY or a TD). Financial niche company. Results are really good, and recent results even better. On a bit of an upswing.

Opinion about MFI-T: Good picture. Something appears to have changed. May be testing old highs from 2022 and breaking out. If the breakout holds (and some breakouts don't), then probably going a lot higher. 

Opinion about PET-T: (A Top Pick Nov 12/24, Up 40.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PET is progressing well.  To remain disciplined, we recommend trailing up the stop (from $29) to $32 at this time.

Opinion about SAP-T: (A Top Pick Feb 05/25, Up 15%) (Note the short timeframe.)  In Canada, it's retail. But south of the border it's more food services and is #3, and the US is dragging down its profitability. If it can return to half of former levels in US, it will be a very cheap…

Opinion about META-Q: (A Top Pick Aug 28/24, Up 53%) Didn't trim this either, in his top 5. 12-month price target of $805. You might write some calls, but it's another one that blew the doors off earnings. If you own it, hold on. For new $$, buy in thirds here, around $730, and anything…

Opinion about OTEX-T: The caller asked about his opinion on both of these companies. Open Text is much larger and is very leveraged, Open Text did a large deal which is not at their comfort level. He has never owned it. Enghouse has no debt along with lots of cash. The CEO of Enghouse is…

Opinion about MPVD-T: Sees no change to the dividend theory. The 3 Irish business millionaires actually control the company and are holding it long-term for the dividends. The company has some costs going on disadvantaging it. The diamond sector itself has not produced really stellar performance. This is a “wait and see”.

Opinion about GIGA-X: Has a massive nickel deposit in northern British Columbia. Low grade, but can be mined as an open pit. The jury is out on this one. Looks intriguing.

Opinion about BYD-T: Are facing some issues. As the minimum wage has risen, their labour costs have too. Also, pre-tariffs, they faced labour shortages. After tariffs, the car parts they used possibly faced tariffs. Is defensive, but the valuation is rich. Is cash-flow positive.

Opinion about CMG-T: Spiked up on the close last week. Everything looks really good about this for the long term, everything says you should own some. RSI against S&P since 2022 has been really good, up and to the right. Buy some today with a partial position, then add a second component on a further breakout,…

Opinion about ENGH-T: More of a trade. If you own it, write some calls against it. He prefers to buy on dips, rent it for a while, sell and make a bit of money. (Analysts’ price target is $28.30)

Opinion about GIB.A-T: Well-run, gaining market shares and buying companies. But the stock isn't cheap enough, and AI could hurt them.

Opinion about CNR-T: The Union Pacific-Norfolk merger in the US more likely to happen under this administration than the last and will create more competition among all railroads, including CN. The industry is attractive, because there are few companies, but the downside is the lack of growth and the rails are economically sensitive. They sold…

Opinion about PYR-T: There is a solid plan to build out the company. Plasma can be used in several different industries. If buying, start with a small quantity.