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  5. AE: Good afternoon, What is you opinion of AE? [American Eagle Gold Corp.]
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Q: Good afternoon,

What is you opinion of AE?

Thanks,
George
Asked by George on May 14, 2024
5i Research Answer:

AE is a small-cap gold and copper stock ($91M market cap) that is pre-revenue, but it has increased 188% year-to-date and 400% on a one-year basis. It is 100% focused on its copper-gold porphyry project in BC. It has partnered with Teck Resources and is fully funded for its 2024 drilling campaign. With copper bursting higher and gold showing positive momentum, this name has been performing well, and while we are years away from a mine here, its drilling results have been positive. We would consider the name to be highly speculative, but with copper and gold spot prices on the rise, it continues to perform well.

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