Streetbeat News

BELGF

Bellevue Gold Limited

Industry

Iron and Steel Mills and Ferroalloy Manufacturing

Open

0.77

Mkt cap

988M

Volume

1.1K

High

0.77

P/E Ratio

19.25

52-wk high

9.40

Low

0.77

Div yield

N/A

52-wk low

0.64

VanEck portfolio manager Imaru Casanova highlighted the significant undervaluation of gold mining stocks, noting they are trading at historical lows in terms of P/E, P/CF, and P/S ratios. Despite trading at a 20% discount to gold, Casanova is optimistic about the sector's future, expecting gold prices to reach all-time highs and gold stocks to outperform. She shared her top picks: Alamos Gold (AGI), Wheaton Precious Metals Corp. (WPM), Bellevue Gold Ltd. (BELGF), and Endeavor Mining (EDVGF). The VanEck Gold Miners ETF (GDX) also saw a recent increase.

Portfolio Pulse from Piero Cingari

November 16, 2023 | 9:21 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.