Q: I have two small holdings in the materials sector, EQX (1% of portfolio) and NGT (1.5% of portfolio). I am thinking of consolidating them. NGT is the larger company by far, and has faced some negative investor sentiment recently, but to my knowledge, remains profitable and should perform better in the next several quarters. EQX has had better recent momentum, but is much smaller than NGT. This would be for a longer-term hold.
An alternative strategy would be to sell both and purchase another gold mining company with these funds.
I would appreciate any thoughts or insights you would be willing to share. Thanks so much, and I look forward to your reply.
An alternative strategy would be to sell both and purchase another gold mining company with these funds.
I would appreciate any thoughts or insights you would be willing to share. Thanks so much, and I look forward to your reply.
5i Research Answer:
EQX is smaller and pays not dividend like NGT. NGT has had its share of troubles in the past,...