Q: I'm wondering if AEM is still a buy at this price, or could you recommend the price when you would buy AEM? Is there another gold stock you would choose with good upside and as a solid company? Thanks.
5i Research Answer:
Due to its size, operating and financial strength, we continue to like AEM in a rising gold market. It trades at a decent valuation of 18X forward earnings, and its growth, margins, and balance sheet are all quite strong. We would be comfortable buying at today's prices.
We also like WPM.