Q: Is this a good gold miner to buy at this point or is there a better alternative for capital appreciation.
Thank you
Thank you
5i Research Answer:
ELD has done well yet remains cheap at 13X earnings. We would consider it an 'OK' midcap producer. But it does have some debt and expected growth is relatively low over the next 36 months. We would prefer the larger AGI for more growth, or the big player AEM for safety, growth and potential.