Streetbeat News

EDVGF

Endeavour Group Ltd

https://www.pinnacledrinks.com.au/

Industry

Supermarkets and Other Grocery (except Convenience) Stores

Open

3.06

Mkt cap

4.6B

Volume

600

High

3.06

P/E Ratio

13.64

52-wk high

3.97

Low

2.59

Div yield

0.05

52-wk low

2.59

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

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