Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 7, 2017

Mexican silver. A joint venture with Fresnillo, the largest primary silver producer globally. These are the extension of the veins in the Fresno District onto the joint venture ground, which is 44% owned by MAG Silver. High grade, very robust economic. They are finding at depth in the Waldo Canyon that the grade is getting better. That has given the joint venture cause to increase the scope of the project. (Analysts’ price target is $25.25.)

Mexican silver. A joint venture with Fresnillo, the largest primary silver producer globally. These are the extension of the veins in the Fresno District onto the joint venture ground, which is 44% owned by MAG Silver. High grade, very robust economic. They are finding at depth in the Waldo Canyon that the grade is getting better. That has given the joint venture cause to increase the scope of the project. (Analysts’ price target is $25.25.)

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$17.830
Owned
Yes
TOP PICK
TOP PICK
March 7, 2017

(Australian stock exchange.) They acquired a bunch of mines that were ex-Newmont and ex-Barrick that were in Australia, and put in the necessary capital, not only to drill deeper and find more resources, but currently they have a current annual run rate of 500,000 ounces a year, making them a sizable producer, and organic growth that will take them to 600,000 ounces for next year. Dividend yield of 2.53%. (Analysts’ price target is $4.40 AUD.)

(Australian stock exchange.) They acquired a bunch of mines that were ex-Newmont and ex-Barrick that were in Australia, and put in the necessary capital, not only to drill deeper and find more resources, but currently they have a current annual run rate of 500,000 ounces a year, making them a sizable producer, and organic growth that will take them to 600,000 ounces for next year. Dividend yield of 2.53%. (Analysts’ price target is $4.40 AUD.)

Robert Cohen B.A.Sc., MBA, CFA
Vice President & Portfolio Manager, Dynamic Funds
Price
$0.000
Owned
Yes
HOLD
HOLD
March 7, 2017

A decent company, but some of their NETBACKS haven’t been as strong as some of their peers. There is a little bit of pencil sharpening to do. Their decline rate is roughly 23%, so that is negative.

A decent company, but some of their NETBACKS haven’t been as strong as some of their peers. There is a little bit of pencil sharpening to do. Their decline rate is roughly 23%, so that is negative.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$2.670
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

Doesn’t think there is anything particularly wrong with this from an asset perspective. It just its small size. It has reasonable levels of debt. In this kind of environment, you want to be a little more choosy. He would rate this as a Hold or more possibly a Sell.

Doesn’t think there is anything particularly wrong with this from an asset perspective. It just its small size. It has reasonable levels of debt. In this kind of environment, you want to be a little more choosy. He would rate this as a Hold or more possibly a Sell.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$0.740
Owned
No
COMMENT
COMMENT
March 7, 2017

An excellent company. They have done a lot to straighten out their balance sheet over the years. Had a great last quarter where they really exceeded street expectations, both from an earnings and revenue perspective. The problem was that the guidance was a little higher than the operating costs. The guide on capital expenditures was a little higher than the street expected. Overall this is a good company.

An excellent company. They have done a lot to straighten out their balance sheet over the years. Had a great last quarter where they really exceeded street expectations, both from an earnings and revenue perspective. The problem was that the guidance was a little higher than the operating costs. The guide on capital expenditures was a little higher than the street expected. Overall this is a good company.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$26.910
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

He doesn’t follow this closely and doesn’t know why it is down so much. Copper has been very strong. This is a small, single asset name. If you want to play copper and its relative strength, Teck Resources (TECK.B-T) and First Quantum (FM-T) are good names and are much less risky than in the small-cap mining space.

He doesn’t follow this closely and doesn’t know why it is down so much. Copper has been very strong. This is a small, single asset name. If you want to play copper and its relative strength, Teck Resources (TECK.B-T) and First Quantum (FM-T) are good names and are much less risky than in the small-cap mining space.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$1.050
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 7, 2017

This has had a great run. This is a chip company that sells extensively to mobile applications as well as others. A really good example of a semiconductor company.

Nvidia Corp (NVDA-Q)
March 7, 2017

This has had a great run. This is a chip company that sells extensively to mobile applications as well as others. A really good example of a semiconductor company.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$98.740
Owned
Unknown