Q: This has been my only gold stock but except for a nice dividend, it has gone nowhere with the price of gold skyrocketing.
I’d like to replace it with something with more torque. Any suggestions! AEM and WPM have skyrocketed. Would they still be buys? Perhaps B2gold will move next year when their mines come on stream?
I’d like to replace it with something with more torque. Any suggestions! AEM and WPM have skyrocketed. Would they still be buys? Perhaps B2gold will move next year when their mines come on stream?
5i Research Answer:
We would still be comfortable buying WPM and AEM on positive momentum and better fundamentals. AGI could be a mid cap replacement for BTO if desired, as the first two are significantly larger (note AGI is still 2X as big).