Weekly 52-Week Low (or 52-Week High): AG-N, PAAS-T, ASTL-T, CSU-T and More 52-Week Highs and Lows (Sep 17-23)

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

Opinion about AG-N: A fan, but doesn't own. Recent acquisition will help use free cashflow against tax-loss carryforwards. Won't buy until he sees resolution of issue at Jerritt Canyon. Big fan of CEO and track record.

Opinion about AGI-T: It might have more upside in the short term. Is bullish gold, though the gold stocks have moved up a lot lately.

Opinion about ARIS-T: Recently bought shares - fond of management team. Hoping for repeat success in Colombia. Trading at 50% of NAV. Geopolitical risk, but prospects look bright. Assets have a lot of opportunity, but local politics can be difficult. 

Opinion about ASM-T: Challenges with cartels in Mexico.Long history of development in Province.Socialist orientation of Mexican President a worry.Does not own shares at this time.Concerned about inventory & reserves.Drilling results have been fairly strong.Would prefer companies with larger reserves.

Opinion about BTO-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It has made a big recovery along with the sector, and is now up 66% YTD. It remains very cheap at 7X earnings with a 1.97% dividend. The balance sheet is solid. Very good earnings growth is expected this year, but is…

Opinion about CCO-T: For the longest time, no one wanted to talk about this one. All of a sudden people have realized that nuclear is safe, clean, and abundant. Has become in vogue. When uranium is sold to power utilities, those contracts are done for 5-10 years at a time. So he's not sure the…

Opinion about CG-T: It's good to be in gold now, and CG is one of the cheapest gold stocks. They've diversified their portfolio geographically, which is good, but this stock always bounces around.

Opinion about DML-T: Expects the uranium market to do extremely well for next 5 years. Has a permitted mill, which is hard to obtain. Second-best asset in the Athabasca Basin, after CCO. Only reservation is that its project is deep, rather than on surface, using technology he's not familiar enough with to be confident of…

Opinion about DPM-T: Dundee is nowhere as large as Barrick, Franco Nevada or Agnico Eagle, which comprise a third of the Canadian materials sector, but it has outperformed it so far in 2024. Dundee shares have rallied 8.5% in this time period while Barrick is down over 16%. Also, Dundee holds more potential upside. Consensus…

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 ECOR-T: Misunderstood. Collection of royalties built around coal, but that's become a much less important part of the suite. Likes that it acquired a lot of royalties before doing that became popular. Cashflow is very well established, now and in future. Under-owned and unknown. He's long this name.(Disclaimer:  Not only is he a…

Opinion about EDR-T: Silver has disappointed investors over the last 3 years; all are in the penalty box. He's attracted to silver. Portfolio comprised mainly of second-tier mines, and he prefers larger mines at the lower end of the cost curve. When the market turns around, and it will, EDR will participate.

Opinion about EDV-T: Owns shares in company. Troubled by CEO replacement, however assets in West Ghana are valuable. Will continue to hold. Has lots of value in company. 

Opinion about EFR-T: Big long base on the 5-year chart. And then it broke out, parabolically, and then consolidated (the pause that refreshes). And now it's made another move, which may lead to another consolidation. As long as it keeps doing that, you're good.

Opinion about ELD-T: (A Top Pick Dec 13/22, Up 19.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ELD has triggered its stop at $13.50.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 19%, when combined with our previous recommendations.  

Opinion about EQX-T: In the very near term, may trade off because it's acquiring CXB. Looking out over 1 year, suspects Canadian operations will ramp up and they'll do very well as they generate more free cash. Larger size means likely included in more indexes.

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 FVI-T: Cheap on any fundamental basis. Jurisdictions it operates in keeps a lid on it. Pretty good at the acquire-and-develop business model. His one criticism is that instead of having one Tier 1 asset, it has a collection of Tier 2s. Very strong development pipeline; FCF looks good 3 years out, even with…

Opinion about GENM-T: A palladium-copper developer in northwestern Ontario. Rates of return are just below 30%. This will be hard to finance, though they scored funding from Export Development Canada. Can they get equity financing. That's the key question.

Opinion about GGD-T: Gold mining development active in Mexico. At current prices, it's both a gold and silver producer. If the silver price begins to outperform the gold price, he suspects that the ratio will begin to favour silver. Risks of production, and political risks include a Mexican leader who's anti-mining at heart. If you…

Opinion about GMIN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research GMIN has been showing great momentum over the past couple of years, alongside the broader increase in the price of gold. It is a $4.0B gold producer with strong sales and earnings growth estimates, and a positive cash flow profile. It has…

Opinion about HBM-T: Gold and copper. Likes copper long term for the power opportunities. Multi-mine and multi-jurisdiction, so not all eggs in one basket. (FM found out how something can change and really cause a problem.) Produces cashflow, solid operating business. Very interesting opportunity in Arizona for Copper World, an accretive deal. Well financed. Trump keeps…

Opinion about IMG-T: Consistent theme across his Top Picks will be companies that are going to rerate, due to new projects or a shift in business.This one has benefited from strong gold prices, but real upside will come from the Cote gold mine around Sudbury. It will start to operate at full speed by end…

Opinion about JAG-T: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has done well with the recent dividend being a good sign. Valuation is cheap and the balance sheet is good. Their drill program in Brazil could add interest. Q3 production was solid and insiders have been buying the stock. Unlock Premium - Try…

Opinion about K-T: He owns Alamos and Agnico-Eagle as well as others. Gold is having a moment and should continue.

Opinion about KNT-T: It has done really well in developing the gold mine in Vancouver and increasing production.. Owned it in the past but not now. Likes it.

Opinion about LUN-T: His preference for a copper play. Canadian company, but Swedish management. Great balance sheet. Good leverage, but not crazy. The one you want to own if copper either goes or doesn't go. You don't want the leverage when things go south.

Opinion about MAU-X: Not so sure it's still undervalued. Believes in management's vision to use this company as a West African consolidator. 

Opinion about MDI-T: Very international. Largest exploration drilling company in the world, just bought the second-largest. The world needs copper. Gold prices are up. He's been accumulating. Headwinds of negative sentiment, but it's a great holding.

Opinion about MGA-T: Loves the uranium space because stocks are down by 50% -- that's called a sale 😉  Long-term outlook for uranium is good, but people are bored with it. A sum-of-the-parts play. Stock is at a substantial discount to liquidation value, and he loves that.

Opinion about MUX-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research MUX is a 'love it or hate it' stock. Mr. McEwen has his fans, and his not fans. He is an aggressive CEO, and has grown via acquisition. He had good success decades ago, not so much since. He owns 15% of…

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 NG-T: Leveraged call on gold. Very large, undeveloped deposit with very high upfront capital costs. If gold price continues to do well, will ultimately find a partner to put its asset into production. If gold price doesn't do well, value trap.

Opinion about NGD-T: Collection of Tier 2 assets. Never been fond of Ontario assets. He likes higher quality. Could do very well with a rising price for gold, which tends to favour the marginal over the lower-cost producer.

Opinion about NGT-T: Gold's done well. She typically doesn't invest in commodity sectors. If you want gold exposure, her preference has always been AEM or FNV.

Opinion about NXE-T: Sitting on world's largest undeveloped deposit of uranium. Will get developed, but not producing, so doesn't fit his firm's risk appetite. Likes uranium, the world needs more, and Canada has lots. The world particularly likes uranium from geopolitically stable countries; much comes from Russia and Kazakhstan, which aren't poster children for geopolitical…

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 ORA-T: Had some execution problems in a number of their mines. Also recently lost their CEO. Since then, he has dramatically reduced his position. At some time he will increase his holdings but there is no rush at this time.

Opinion about PAAS-T: Prefers silver to gold right now, and this is a name he likes. In addition to its being a safe haven, you get the added benefit of industrial demand with EVs and electronics. 

Opinion about PPTA-Q: He's not comfortable with the permitting process, but Trump administration might be able to help with permits. Gold-centric, but also antimony (which the US believes is a defense metal). 

Opinion about PRB-X: They acquired adventure gold. They are re-drilling a depleted old mine and finding new zones. They reported a find this morning. It has lots of cash and not a lot of stock out. (Analysts’ target: $2.15).

Opinion about PTM-T: Sprott is a secured lender in this project, as well as a shareholder. The mining start-up looks like it has been fairly troublesome. If they work through their problems, which he thinks they will, he thinks there is tremendous upside. However, there is risk. There is tremendous upside if they can make…

Opinion about SAM-T: He is not attracted to small mines. However, if the company is able to ‘steal’ assets at a market bottom like this then the shareholders will do extremely well in a rebound.

Opinion about SEA-T: Owns shares in company.Be patient in terms of returns.Present gold prices will not generate returns for shareholders. Higher gold prices important for shareholders to see return on capital. Good proxy for higher gold prices. 

Opinion about SKE-T: It is re-starting its Eskay Creek Gold-Silver Project. The cost of production and gold reserves are phenomenal so there is a quick payback on money spent and it can continue to expand. There is immediate and long term upside. Its price will move up and down with the price of the commodity.

Opinion about SVM-T: Part of syndicate that brought company to markets. Financials in China a little opaque, but company has been generous to shareholders through dividends and buybacks. Would recommend buying. 

Opinion about TKO-T: Does not own shares. Prefers companies companies with lower costs and higher return on capital. 

Opinion about TLG-T: Going to build a mine in Quebec, unless someone buys them. Veterans of the industry, with engineering and geological expertise, have joined the company. Has letters of intent for over $1.3B from export development companies, including Canada. Going through financing, which should be in place Q1 next year. Fully permitted. Probably a royalty…

Opinion about TXG-T: Has traded at a big discount to the group for a long time, then made a big move the past year. One Mexican mine is shutting down naturally, but will be replaced by another mine, so they aren't losing production levels. Have extended reserves overall to maintain production mid-2030s. Are generating free…

Opinion about URC-T: Wonderful management team. Cashflow is like writing a blank cheque. Right now, hard to value because its cash is undeployed. In the next 2.5 years, investors will do well on the warrants because they will have taken on a lot of speculative risk and endured a lot of volatility.

Opinion about USA-T: Junior speculative. Not profitable. At the price for gold and silver today, if a company's not profitable you have to ask why. He doesn't play penny stocks, and certainly not in the junior mining area. A very challenging asset class; he learned his lesson 35 years ago.

Opinion about VZLA-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research VZLA is a relatively small company, operating as a developer of precious and base metal assets largely focused in the Panuco district in Mexico. The Panuco silver-gold project is considered one of the highest-grade silver primary discoveries in the world, with a…

Opinion about WDO-T: (A Top Pick Jul 24/25, Down 6.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WDO has triggered its stop at $16.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 6%, when combined with our previous guidance.   

Opinion about WPM-T: AEM, WPM and FNV need to be in every single precious metals portfolio.

Opinion about WRN-T: It has a great management team and the Yukon is a friendly place to develop. Infrastructure is the issue. Smaller mining operations can deal with this, but lack of power and transportation are challenging. Where copper prices are, this is still too levered -- you need copper prices to go higher.

Opinion about ARTG-X: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has lots of cash but does not have revenue. They have interesting assets. Good potential with $200M in cash to develop its properties. Management is working aggressively to quickly build out the company. Unlock Premium - Try 5i Free

Opinion about AU-X: Attractive exploration company. Compared to other companies, not as good. Does not own shares. Waiting for more drill results before investing in company. Attractive political jurisdiction. Good management team and shareholder base.

Opinion about CVV-X: Uses intellectual acumen to stake prospects, mainly in the Athabasca Basin. A uranium explorer, which tend to move later in bull markets but more dramatically. If they're successful in the next 6 months on farm-out deals, he's likely to buy in. Has done well in past uranium bull markets.

Opinion about DV-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Latest results pretty good, with the highest silver assays reported to date. Strike length has increased and high-grade veins continue to be hit. IF (a big if) DV can connect the two zones then mineralization will increase materially. More infill drilling needs to be done,…

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 EQX-T: In the very near term, may trade off because it's acquiring CXB. Looking out over 1 year, suspects Canadian operations will ramp up and they'll do very well as they generate more free cash. Larger size means likely included in more indexes.

Opinion about GMA-X: He nearly invested in their recent financing. They're building a facility that will recycle batteries in order to harvest valuable rare earth. Great opportunities lie ahead. They could build plants in Europe or China in the future.

Opinion about GQC-X: He likes the deposit and the CEO. They tried to finance them but Eagle beat them. You need to be concerned about the very recent revenue grab by the government of the Dominican Republic. It will be interesting to see how this works out. A great deposit and a great management team.

Opinion about KTN-X: Doesn’t think the Promontorio is a large system. Did a deal to pick up Sunshine mine in Cour De Lene, which has a decent grade deposit but the issue with a lot of the companies in this area is dilution and mining costs.

Opinion about MTA-X: To manage risk, he sets up his portfolios starting with the biggest, which is FNV. More diversified than OR. He also owns OSK proper.

Opinion about MTS-X: A great young team. It’s too early to say what sort of success they’re going to have. Their early implementation of their royalty/streaming business plan has been absolutely flawless, but you have to understand that it is a new company/young team risk.

Opinion about ODV-X: It's time will likely come, but he has a hard time understanding the geology of the project. He doesn't own stocks where he doesn't understand the geology. He holds OR instead. 

Opinion about SCZ-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Total production fell 4%. We are not geologists or mining engineers, and 'water' issues are always very uncertain. The company has noted that the overflow has been resolved and stopes are being returned to normal. Investors are clearly not concerned, considering the…

Opinion about SMD-X: He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their…

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 UGD-X: Came out with really good results in Dominican Republic. Resource hopefully comes out by the end of the year.

Browse a daily summary of experts opinions on stocks and stock investment information.

Opinion about AGF.B-T: Over the decades, they made poor acquisitions and should have accepted buy-out offers. It's now a shadow of itself, though is well run and generates cash. The only way to maximize value is to sell it (or raise the dividend each year).

Opinion about AP.UN-T: (A Top Pick Sep 26/24, Up 12%) Maintained its 10% dividend, icing on cake was re-rating higher. Still more in the tank. Selling non-core assets, occupancy has stabilized, deleveraging. Renewed push for return to the office.

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: Prefers this one and remaining peers today to RY, just on valuation. Though RY is the best bank in Canada, this name trades at a far better multiple.

Opinion about BN-T: Owned in both of his firm's equity mandates. Continues to be very constructive on the business, industry, management, and strategy. Leader in the alternative asset manager space. Scale advantaged. Fund flows to private equity are outstripping flows to publicly traded stocks and bonds. Global. Over $1T on balance sheet. Serial compounder.

Opinion about CM-T: The new infrastructure projects that Ottawa has announced will benefit the banks. NA is more Canadian than CIBC, though both are. Big projects need a lot of funding, and the banks' job is to find that capital. CM is pretty well priced now.

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 DFN-T: These split shares company give you some leverage. The total return over 20 years has been 8% vs. the TSX which has done no better. Has some good dividends here, but is volatile--when the market goes bad, this really goes bad. 

Opinion about DIV-T: Royalty models do better in bear markets. Costs are nil, so it's a stable business. Well run. Mr. Lube over time has taken market share. Stock's pretty illiquid, make sure it's covering the dividend. Hold or buy. Yield around 8%.

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 FFN-T: There is a capital portion and an income portion. You have to careful with a split share corp so check with your financial advisor, The capital share part can be extremely volatile. 

Opinion about FTN-T: Leverage allows them to provide such a large dividend. Typically 2:1 leverage, so you get double the bang for the buck. Lots of volatility, big ups and big downs. When markets are working, work great. Up to the board of the fund as to what distribution they pay out.Over 20 years, you'd…

Opinion about GLXY-T: Jittery stock. Toying with the old high from 2021, with a lot of stress, or excitement, in between. Pulling back into the zone from 2021-2022. Testing old resistance, really don't want to see it fail. Needs to find legs pretty soon, and then you'd be fine. If not, he'd run. Not for…

Opinion about IGM-T: (A Top Pick Mar 06/25, Up 32.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with IGM has achieved its target at $51.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $40) to $47.  

Opinion about PHYS-T: Stockchase Research Editor: Michael O'Reilly We again reiterate this trust holding unencumbered gold bullion as a TOP PICK.  Fears of a challenge to US Federal Reserve leadership by the US Administration could cause gold to spike in the weeks ahead -- some analysts project towards $5000.  We recommend trailing up the stop…

Opinion about PSLV-T: Stockchase Research Editor: Michael O'Reilly We again reiterate this trust holding physical silver, trading in Canadian dollars, as a TOP PICK.  Global economic recovery should help this gain ground against its gold counterpart in the months ahead.  We recommend trailing up the stop (from $14.50) to $17.00, looking to achieve $23.00 --…

Opinion about SII-T: To protect purchasing power? Yes, that's exactly the reason to own Sprott. It's a diversifier. Gold is a way as an investor to protect yourself from inflation and geopolitical concerns. This name brings leverage to gold because of assets they own and funds they manage. It also brings uranium. He sold some…

Opinion about ALA-T: A larger position, as it's more stable. Half is gas infrastructure, and half is utilities. Working on a propane export facility off coast of BC. Good management. Dividend safe and increasing. Own forever.

Opinion about ATH-T: Is benefiting from weakness in American shale. The Oil Sands have been overlooked for a long while; the Oil Sands have supply unlike much of the world which is and will face oil supply shortages. ATH has no debt. They will have over 50 years of stay-flat inventory. Have low or no…

Opinion about BDI-T: Traditional workcamp business on oil & gas projects, which might do better going forward with increased infrastructure spend in Canada. Real attraction is modular space business -- portable spaces that they rent out, mainly for construction projects. Portables for schools in NA and Australia. Low valuation. Very high insider ownership of ~24-25%.…

Opinion about CJ-T: Bought at $8.50, now at $6.64. Sentiment remains challenged in the space (a common theme today), even though the Energy Index is up about 20% YTD. People are hiding in large caps, with few funds coming to small- or mid-caps. Hard to see it outperforming. Yield is 10.7%, pretty hard to replace.…

Opinion about CVE-T: He likes Cenovus Energy and considers it the least awful of the oil sands companies. The merger with Meg Energy makes great sense from a Canadian perspective and an energy investment perspective.

Opinion about EFX-T: (A Top Pick Oct 11/24, Down 10%) It helps companies in terms of employment type verification. It is still a good company and lower interest rates should help it.

Opinion about ENB-T: Technical analysts love to give fancy names to chart patterns 😉  The 5-year for this name is showing a cup and handle -- with that rounded bottom, perhaps a little pullback, and then a breakout and consolidation. Also a nice swing trade. Now testing the breakout point, and successfully so. Looks good.

Opinion about FRU-T: Owns the land that others drill and pay FRU a portion of what they extract. Loves it. One of the best management teams in the royalty space. Very good balance sheet. Very good geographic locations, both in Canada and (more recently) in US. Very conservative capital allocators. Very good dividend yield ~8%.If…

Opinion about GEI-T: (A Top Pick Oct 17/24, Up 12%) (All the past picks today were from October, when he thought we were late cycle. His view is that we've started a new cycle, so tech and consumer discretionary risk-on names should do better.) Thought we were heading into a market peak, which is when…

Opinion about HWX-T: It is an under-the-radar company in Clearwater which is an economic heavy oil play. It has a very good land position with a multi year inventory of production assets. It is well managed and he is looking for a good upside of 35% in the stock price.     Buy 7  Hold 2 …

Opinion about JOY-T: They brought in a partner this summer to help develop the East Duvernay. They still have too much debt. She is watching it but not recommending it. Not everything is cheap in this sector, still have to selective.

Opinion about KEY-T: LNG projects are growing and it will be one of the companies that benefits from the increased volume of natural gas. It made a big acquisition and has stable cash flow as a mid-stream company. Has a great future with another decade of growth.

Opinion about NVA-T: Although he doesn't own it personally he likes it. The last quarter was good with decent production and a reduction in Capex. It is basically in a Western sedimentary basin.

Opinion about OBE-T: Not a good investment with current management team. Other energy companies available with better opportunities.

Opinion about PRQ-T: They have two plays. It is pressured because of debt load. Production came down in the third quarter and should now increase. They should knock debt down with the sale of two non-core assets next year. It needs a catalyst before the market will revisit this story.

Opinion about PXT-T: Yield is 13%. Dividend not sustainable. Great candidate for tax-loss selling, and buy another high yielder (such as WCP) with the proceeds. WCP has meaningfully better assets, reliable management, with no Colombian geopolitical risk. 

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 SES-T: One business is transmission -- stable, secure, predictable, about 20% of total. Waste business is the other 80% -- cleaning up in oil & gas segment, stable and recurring. Trades at 12x PE, in line with the energy services business (except it's a waste management business, which trades at twice the multiple). The…

Opinion about SOIL-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research At less than 4X earnings, the stock is one of the cheapest within the sector (no dividend). The stock is down 21% YTD and 35% over one year. Debt is pretty high at 2X cash flow. Revenue has grown nicely, but earnings/cash…

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 WCP-T: (A Top Pick Oct 04/24, Up 8%) Likes it. Trades at a reasonable 7.5x PE, and a good ROE while book value is at 1.6x. Pays a good +6% dividend.

Opinion about FO-X: Gas play in Hungary. There is gas there but can you get it out and can you do it economically? It is very deep. Exxon is a good partner but a slow one.

Opinion about ATRL-T: Very strong portfolio of engineering and design and consulting. Plays into infrastructure, energy, and environment. Focus on nuclear will be important, with 15% of revenue coming from there. If Hwy 407 were sold at a good price, would be a catalyst to create value (but he wouldn't buy something just because there…

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 BDGI-T: Are the biggest in North America and boast a top management team. Business is doing very well. Will be margin expansion. They are not overbuilding. 8% of business is from data centres. 10% is from Canada, but will accelerate if the Build Canada bill goes ahead. Still trades at an attractive PE.

Opinion about BLDP-T: Renewables at lower cost rates don't work; you need the subsidies. But what does work are large-scale hydrogren projected. Not sure about small-scale like Ballard.

Opinion about CLS-T: Have done a super job to be front and centre in data centres, both back and front end. But this is still cyclical. He sold it after a tremendous run, but left money on the table. The valuation is way at the high end around 40x earnings. This has gone from one…

Opinion about EFL-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. EFL is a manufacturer of lithium-ion cells and battery systems, which are crucial for the transition to electrification of vehicles. EFL’s operating results have been good in recent quarters and the stock is now trading at 24x times' EV/EBITDA. In the 2Q,…

Opinion about ELVA-T: A battery maker exposed to high-growth industries like robotics and aerospace/defense. They will triple their output next year, so there will be major topline expansion. They work with Walmart, Toyota et al. and just announced an OEM deal in Japan. Competitors are Chinese battery makers, but US companies won't buy Chinese batteries,…

Opinion about TIH-T: Is a lot of excitement baked into this stock and its peers, given the big building projects that will happen. The PE is too high, so would wait for a pullback. The big projects won't happen until later that some expect, he thinks.

Opinion about GIL-T: With tariffs, could see the price of clothing go up. As Springsteen sang, textile jobs are not coming back to NA; clothes will still be imported. Impact on the clothing industry remains to be seen. Thinks prices will go higher, but people still need to get dressed. Onshoring will be a multi-year…

Opinion about PAT-X: They have weapons-detection technology and it's done well in the past 18 months with some new deals signed. They don't have a lot of revenue yet, and investors are waiting for that. $7 million over 12 months is their forecast revenue. But what happens in an economic downturn? He likes their partnerships…

Opinion about XTRA-T: They use AI to detect weapons on attendees at a large event; it's faster than metal detectors. Could be used as stadiums and schools. Is watching them to see if they sign more contracts and raise profits. Could be a hockey stick of a stock if this tech catches on.

Opinion about ASTL-T: Amid new tariff threats. Go back to the 2017 timeframe and look at the last time he did this with steel and aluminum. Cheap for a reason. Need a high tolerance for risk and volatility to put a position on right now. These names are down, compared to US names that are…

Opinion about CSU-T: One of the Canadian superstars. Historic PE has always been a little high for him, but the CEO has done a great job buying companies. As for AI, he sees a lot of money going into AI and won't see a lot of revenues for a while. AI can write software, but…

Opinion about GIB.A-T: A near-shoring play involving contracts with the US government. Musk and the DOGE belt-tightening may have upset the apple cart. They also do a lot of business with the Canadian government and our banks, and PM Carney has been looking for efficiencies as well.More steak, rather than having the sizzle of AI.…

Opinion about ILLM-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Acuity Ads Holdings Inc (AT) stock was up 25.49% in the month but down 46.22% YTD. Its stock price rose precipitously to more than $32 in February 2021 and had fallen to over $4 at the beginning of 2022 and by November 4th…

Opinion about GCL-T: They own a series of food distribution businesses. It appears they are not making any money from them. It appears to be a scale problem.

Opinion about IFP-T: The lumber industry in Canada has been in the line of sight for tariffs for the past decade. Housing prices have depressed the price of lumber for the past 2 to 3 years. One he likes in this sector is Doman Building Materials which is more of a processor of lumber. It…

Opinion about LCX-X: A small cap with no buyers. He owns 10% of the company. The stock has been creamed, even though they did everything they promised. They could sell the company and he strongly wants that. The team has done nothing wrong, but small-cap energy in Canada is dead.