Weekly 52-Week Low (or 52-Week High): AEM-T, OLA-T, FOM-X, QTRH-T and More 52-Week Highs and Lows (Jul 16-22)

Opinion about ABX-T: Problems in Mali, and company's short-term performance depends on that outcome. High operating costs in Nevada goldfields. Has decided to be a mining company rather than a gold mining company, which an increasing amount of revenue coming from copper. Much growth will come from Pakistan project, which he likes but the market…

Opinion about AEM-T: Biggest single equity holding he has in client portfolios. He did trim, as it got to be way too big a position. Like the gold price, has stagnated over the last few months. Sees it as portfolio protection, insulates from inflation and geopolitical concerns. Tariff issues are still to be resolved, and…

Opinion about ARG-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We think ARG is doing the right things. Debt was an issue in prior cycles, and it has cut/eliminated its dividend in the past. Now, it is in strong financial shape and very cheap at 8X earnings. It has been cash flow…

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 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 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 K-T: Whole bunch of decent assets, including a new one in Ontario. Stock will either go up of its own volition, or get taken over. Stock's performed well due to good cost containment. Good production growth and pipeline. Firing on all cylinders.

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 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.

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

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 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 SPPP-N: Buy this instead of bullion? Yes, a great way. Gold to him is like money, like the US dollar. The real speculation is in the gold companies. He prefers owning the companies, but would also keep some physical gold at home. Sprott is a great place to sit on your cash.

Opinion about SKE-T: Strong technicals and chart. Gold is rallying--a rising tide floats all boats. In recent weeks, though, SKE is consolidating and more institutional selling. Likes gold longer-term. Also, gold has poor seasonality from August to October.

Opinion about TI-T: They have had a fantastic track record on the exploration front. They bought a shut in zinc mine and then the price of zinc dropped. He would stay away from it until they delineate new zones they can extract ore from.

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

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 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 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 SCZ-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Silver tends to follow gold, with the caveat that it also has industrial usages, so in a recession it may lag. But we think the outlook is good, with rates likely to decline (eventually) and the US dollar possible weaker (especially if…

Opinion about BRVO-X: (A Top Pick May 31/24, Down 42%) PGMs and nickel are out of favour. Spectacular exploration success. He's piled in on the lower share price. Believes platinum price will pick up over 5 years. World-class deposit that people are bored with -- there's nothing he likes more. Absolutely recommends for people, like…

Opinion about MAI-X: (Market Call Minute.) Deposit looks good, but it hasn't quite the size or the grade that it needs to move forward.

Opinion about BBD.B-T: Great breakout, with a parabolic move. You never know when the parabolic move will end, but you do know that it will and pull back. The pullback will land well above the last peak. Overall, it's on a tear. For new $$, wait to see it pull back, as now it's probably…

Opinion about FTT-T: (A Top Pick Apr 12/24, Up 22%) Correlated with copper, and it set up nicely with where we were in the business cycle. Big breakout over the last 2 months. Good-looking chart with higher highs and lows. Sees further upside into August.

Opinion about VNP-T: Based in Montreal. Supply specialty semiconductors and performance materials. Customers such as a manufacturer of solar panels. FSLR in the US, one of VNP's biggest customer, guided down. Stock dipped. Need to get a handle on tariff impact. Not growthy enough for him.

Opinion about WSP-T: Likes the sector, which is growing. Strategic acquisitions at good prices. Just bought a company in Europe to expand presence there. 

Opinion about BEP.UN-T: Diversified. Trying to find momentum. About 5% upside to price target. EPS growth and revenue have been down. She'd stay away until you see some strong numbers. Decent dividend yield of ~5.5%.

Opinion about BEPC-N: A good name. High-quality way to play de-carbonization space. Very bullish last quarter on future growth and electricity demand. Company says scale lets it mitigate tariff risk, because they can source a lot in the US. Doing really well with data centres. Now 10.5x 2027 price to AFFO, and growing ~10.4%. Nice…

Opinion about CU-T: With rates moving lower, we should be looking at utilities in general. Stock's topped out in last couple of weeks, could be a near-term ceiling. In terms of LNG demand strengthening over time, he'd prefer names like ENB or TRP. Those names are larger and have more sustainable dividend growth.

Opinion about EMA-T: Big acquisition a year ago increased presence in US, and that will be its growth driver. It's fine as an income stock, with a nice yield. But see her Top Picks.

Opinion about NPI-T: (A Top Pick Jun 10/24, Down 5%) She's more in favour of it now than a year ago. The chart shows that the stock's slowly starting to take off. Sees an upward trajectory from here. Projects continue to come in under budget and ahead of schedule.

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 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 SCR-T: Thoughts on the offer? Both SCR and MEG held in taxable account. He's not an M&A guy. If you want a really good answer, ask somebody else 😉  A board will often reject something like this because they think it should be higher. And maybe a competitor will come along with a…

Opinion about AI-T: (A Top Pick Mar 11/24, Up 14%) More conservative than TF, and he owns both. Core position. Nice dividend. Not trying to shoot the lights out, just want to collect the income and reinvest.

Opinion about BMO-T: The banks are looking quite expensive, especially as we're probably entering a period of economic weakness. Good company, not a good stock at the moment. Past quarter has seen a pretty stellar move. Trades ~14x PE. Yield is 4.3%.Definitely take some profit, and stick it into something more defensive like infrastructure, pipelines,…

Opinion about BNS-T: Underperformed this year relative to peers. In transition, and that will take a while to sort things out. Slowly selling off international assets. Trying to increase presence in US, a bit late to the game. Path forward is somewhat uncertain. Highest yield, so you'll be fine if you have a long horizon.She's…

Opinion about CF-T: Management wants to buy it out but there are two conflicting groups of shareholders. The employee shareholders want the lowest price possible while the outsider shareholders want the highest price possible. This type of conflict is not good. Value it as a whole, not on the split-up of parts.

Opinion about CM-T: We've already recommended National Bank, so let's look at the second-cheapest bank, CIBC, with its 11.2.x PE and EPS growth over five years of 5.39%, better than RY's 5.16%. Commerce has beaten its last four quarters with room to spare, and pays a safe dividend of 4.49%. Its EPS growth is beating…

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 DGS-T: Very concentrated stock portfolio, leverage of 2:1. Pays out a lot in income. A bit of smoke and mirrors here, but not in a nefarious way. Twice as volatile in general as underlying markets. When things are good, they're really really good. And when things are bad, they're really really bad.If you're…

Opinion about DHT.UN-T: Applied similar royalty approach from mining sector to pharmaceutical business. Allows for new development in pharmaceutical business. Capital light business. Second listing in the world of this nature. Very cheap valuation, trading ~1.3x book value. Excellent long term prospects. 

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 FCR.UN-T: Grocery-anchored retail in major cities in Canada. Most in-demand asset class in real estate today. Irreplaceable portfolio of great retail properties. World-class assets. Will have great rent growth, as new builds are too costly. Potential down the road to build apartments or condos on top of current sites, further adding to value…

Opinion about FFN-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 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: (A Top Pick Jul 30/24, Up 58.4%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with GLXY has triggered its stop at $25.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment gain of 42%.

Opinion about KEG.UN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The Keg Royalties Income Fund (KEG.UN) is a $240M fund that invests in the Keg Rights Limited Partnership in connection with the operation and franchising of Keg steakhouse restaurants. It has a distribution yield of around 8%. Sales growth has mostly been…

Opinion about LBS-T: LBS vs. FTN An interesting structure, but they have their own at his shop. One is a play on ENB. Very optimistic about the potential for ENB to continue raising its dividend. He also has a real estate split with a mix of long-term value REITs and industrial exposure to access the…

Opinion about PLZ.UN-T: Most assets are in Quebec and the Maritimes. Strip plazas in smaller markets. Historically stable, not a lot of growth. Difficult to raise rents in these small markets, but high construction costs have prevented tenants from moving. So cashflow is growing faster than it has in a long time. Low-risk optionality to…

Opinion about POW-T: Insurance space is cheaper than the banks, better growth, lower payout ratios. Fairly exempt from tariffs. Cradle-to-grave financial services. Beautiful dividend. Nice discount to NAV. Upside from private capital and nice little investments like Wealthsimple. Another quiet place to put $$ to work.

Opinion about PRV.UN-T: Likes it. Wouldn't go smaller, as this one's already quite small. Has a nice industrial component, focused more on Eastern Canada. That market's been very stable. Recent transaction in Winnipeg, and he likes that market. Since Covid, people are working online more; so "secondary" cities such as Halifax, Winnipeg, and Saskatoon are…

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 TD-T: Surprising how much it's come back, due in large part to sentiment having been so negative. Penalties will dampen growth. Still, numbers for both US and Canadian financials are starting to accelerate. Canadian banks over-provisioned for loan losses; if they don't have to tap into those reserves, should see really strong numbers…

Opinion about CTC.A-T: Bouncing off resistance, may be breaking out. The further back in time, the less important the peaks are. If the breakout continues, give it a bit of time (2 weeks or so) to make sure it's legit, and then he'd add to his position.

Opinion about GOOS-T: Good proxy for health of consumers in Canada. Luxury item that is discretionary. Hard to excited about this style of business. Not seeing major spending from average population. Better options for investors out there. 

Opinion about STN-T: Banner earnings report. Revenues are growing faster than analysts expected. Into environmental architectural projects, especially in Canada and US. Up 25% YTD. Long-term compound annual return would be ~15%. Right spot, right time.

Opinion about RVX-T: (Market Call Minute.)Reversing of bad cholesterol in clinical studies. A little early for him but has potential. Speculative.

Opinion about MDA-T: Really feeds into growth in the satellite business and space-based Wi-Fi. Lots of opportunity for growth in competition to Starlink. Run up. Better than 93% of companies in the S&P over last 52 weeks, so he wouldn't bet on a significant pullback. Still room to run.

Opinion about T-T: Overvalued at $30, undervalued at $20 -- that's her trading range. Q1 revenue up, free cashflow up 22%. Yield projected to grow annually 3-8% through 2028. Doesn't see dividend being cut. Steady earnings, strong consumer retention. One you don't have to worry about.

Opinion about LMN-X: LMN vs. TOI TOI would be his choice, mainly based on geography in Europe (which is still expressing value) and its runway is a bit better. The strings for both are actually being pulled by the parent CSU.

Opinion about PNG-X: Natural gas play to benefit from AI infrastructure buildout in US? A 6-bagger over the last 3 years, and revenues have tripled in that time. Underwater technology is being taken into the field for oil & gas.

Opinion about FOM-X: (Top Pick Jan 10/12, Down 5.00%) In general resource stocks have been difficult. It is with the crowd. Massive VMS deposit adjacent to Hudbay. At some point it will be developed and patience is required. Hudbay could expand by buying this one.

Opinion about ARU-X: (A Top Pick Aug 20/08. Up 22.3%.) Acquired by Kinross (K-T).

Opinion about MBX-T: Very positive on the stock price, the company, and the partnerships they're announcing. Technicals indicate the stock may head toward 90 cents, but he says higher. Just won a contract from the Ontario government. Covid testing isn't going away. Sales should triple in the next 12 months.

Opinion about QTRH-T: They dominate US market share in electronic toll roads, and lead in weight-in-motion in trucks. This space is getting more technology driven. They had low-margin contracts a few years ago, but those are turning around, so we will see wider margins. Recent quarters are guiding towards that under new management. They have…

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.