Unlocking Gold Mining's Supercycle: Insights From Benzinga's Virtual Conference
Portfolio Pulse from Piero Cingari
In a recent virtual conference by Benzinga, experts discussed the potential for a new 'Supercycle' for gold miners. They highlighted factors such as Fed interest rates, market valuations, geopolitics, ESG, and technological innovation. Imaru Casanova from VanEck, Taylor McKenna from Kopernik Global Investors, and Luke Norman from US Gold Corp. (NYSE:USAU) presented their insights. Casanova identified Endeavor Mining PLC (OTCPK: EDVMF), Alamos Gold Inc. (NYSE:AGI), and Agnico Eagle Mines Ltd (NYSE:AEM) as top stock recommendations. McKenna highlighted Seabridge Gold Inc. (NYSE:SA), International Tower Hill Mines Ltd. (NYSE:THM), and Western Copper and Gold Corp. (NYSE:WRN) as attractive smaller companies. Norman discussed the potential of US Gold Corp. despite its current market discount.
July 24, 2023 | 4:54 pm
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POSITIVE IMPACT
Agnico Eagle Mines Ltd is identified as a top stock recommendation by VanEck's Imaru Casanova.
The recommendation by a portfolio manager at VanEck could potentially increase investor interest in the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Alamos Gold Inc. is identified as a top stock recommendation by VanEck's Imaru Casanova.
The recommendation by a portfolio manager at VanEck could potentially increase investor interest in the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Endeavor Mining PLC is identified as a top stock recommendation by VanEck's Imaru Casanova.
The recommendation by a portfolio manager at VanEck could potentially increase investor interest in the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Seabridge Gold Inc. is highlighted as an attractive smaller company within the industry by Kopernik Global Investors' Taylor McKenna.
The highlighting of the company by an analyst at Kopernik Global Investors could potentially increase investor interest in the stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
International Tower Hill Mines Ltd. is highlighted as an attractive smaller company within the industry by Kopernik Global Investors' Taylor McKenna.
The highlighting of the company by an analyst at Kopernik Global Investors could potentially increase investor interest in the stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
US Gold Corp. is highlighted for its potential despite trading at a significant market discount due to perceived permitting challenges. The company has 1.5 million ounces of reserves in the ground, and its all-in-sustaining costs are projected at $800 per ounce.
The company's significant reserves and low all-in-sustaining costs, along with the potential for a streamlined permitting process in Wyoming, could make it an attractive investment opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Western Copper and Gold Corp. is highlighted as an attractive smaller company within the industry by Kopernik Global Investors' Taylor McKenna.
The highlighting of the company by an analyst at Kopernik Global Investors could potentially increase investor interest in the stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70