Gold Mining Stocks Analyzed: Barrick Gold, Newmont, Agnico, B2Gold, Kinross, Alamos, Centerra!
Gold Mining Stocks Analyzed: Barrick Gold ($GOLD), Newmont ($NEM), Agnico ($AEM), B2Gold ($B2G), Kinross ($KGC), Alamos ($AGI), Centerra ($CGAU)!
đź“Ś Affiliate links (I get a commission if you register):
• Try Seeking Alpha Premium for free for 7 days and get a $25 discount on the annual plan: https://www.seekingalpha.link/3LPDKC1/2QZRGT/
• Get up to 15 free stocks worth between $2 – $2,000 each and up to 8.1% APY on idle cash for 3 months with moomoo using my link: https://j.moomoo.com/01bx2U (May 29 – September 30, limited time exclusive, T&C Applies)
• For Europe/Australia – Join me on eToro: https://med.etoro.com/B19645_A122700_TClick_SInvesting_With_Andrew.aspx
#advert. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Barrick Gold ($GOLD), the second-largest gold producer, benefits from its significant production capacity and expansion plans, particularly in copper. Despite higher-than-average AISC due to capital expenditures, Barrick’s financials are strong, with the potential for significant profits and dividends.
Newmont ($NEM), the largest gold producer, recently merged with Newcrest, boosting its production capacity. However, the company faces challenges with high AISC and the need to optimize its portfolio by divesting less profitable mines.
Agnico Eagle Mines ($AEM) is known for its high-quality, low-cost gold assets and strong cash flow, positioning it as a premium player in the gold market. However, this comes at a cost, as the company trades at a higher valuation, reflecting its superior management and asset quality.
Kinross Gold Corporation ($KGC), a mid-sized producer, reported strong cash flows but has seen its AISC rise. The company is financially sound, with low debt and a manageable equity ratio, but lacks aggressive growth initiatives. Kinross could be a potential acquisition target due to its solid asset base.
Alamos Gold ($AGI) stands out as a top-tier gold company with low production costs and significant growth potential. The company’s recent merger positions it for increased production at even lower costs, making it one of the most efficient gold producers.
B2Gold ($B2G), a smaller miner, is facing a challenging year due to mine closures and development delays but expects a strong rebound in 2025. The company has low AISC and a solid financial position, with a high equity ratio and minimal debt. However, its dependence on a politically risky mine in Mali and the market’s negative sentiment towards its stock pose challenges. Despite these risks, B2Gold offers a high dividend yield, making it an interesting, albeit risky, investment.
Centerra ($CGAU) is a gold and copper mining company with two key operations in Canada and TĂĽrkiye, where it produces around 400,000 ounces of gold annually at a low all-in sustaining cost (AISC). Despite a challenging year marked by the sale of a mine interest, operational setbacks in TĂĽrkiye, and lower grades in Canada, the company remains financially strong.
Other videos:
Nike (NKE) Stock Analysis – https://youtu.be/GF7VhfAglFU
Starbucks (SBUX) Stock Analysis – https://youtu.be/8nIkMF6GhA0
Intel (INTC) Stock Analysis – https://youtu.be/wGJckXuLeVc
Don’t forget to like and subscribe if you appreciate what I do!
On my channel, you will find a wide variety of stock analyses – from gold miners such as Barrick Gold (NYSE: GOLD) and Newmont Mining (NYSE: NEM) to tech stocks like Nokia (NYSE: NOK), Alphabet (NYSE: GOOG/GOOGL), Intel (NYSE: INTC) and even healthcare REITs like Medical Properties Trust (NYSE: MPW) and Omega Healthcare Investors (NYSE: OHI).
Although I mostly focus on value investing, there will also be plenty of high-yield dividend stocks being analysed on the channel, especially if I believe that there is value in there.
Song: ♪ Marshmallow (Prod. by Lukrembo)
Link: https://youtu.be/y7KYdqVND4o
DISCLAIMER: I am not a financial advisor and nothing on this channel should qualify as investing advice. All information is provided for your education or entertainment. It is not intended to be investment advice. This information is general in nature and has not taken into account your personal financial position or objectives. Seek a duly licensed professional for investment advice.
DISCLAIMER 2: The links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partner websites. The video is accurate as of the posting date but may not be accurate in the future.
0:00 Investing in Gold and Gold Mining Stocks: Another Gold Spike?
3:45 Top 3 Gold Miners: Newmont ($NEM), Barrick Gold ($GOLD), Agnico Eagle Mines ($AEM)
13:35 An Interesting Mid-sized Gold Miner: Kinross ($KGC)
17:05 Small But Great Gold Miners: Alamos ($AGI), B2Gold ($B2G), Centerra ($CGAU)
#stocks #investing #personalfinance #valueinvesting
6 Comments
đź’ťPlease don't forget to like and subscribe if you appreciate what I do! This video took about 100 hours to make!
đź“ŚAffiliate links (I get a commission if you register):
• Try Seeking Alpha Premium for free for 7 days and get a $25 discount on the annual plan: https://www.seekingalpha.link/3LPDKC1/2QZRGT/
• Get up to 15 free stocks worth between $2 – $2,000 each and up to 8.1% APY on idle cash for 3 months with moomoo: https://j.moomoo.com/01bx2U (May 29 – September 30, limited time exclusive, T&C Apply)
• For Europe/Australia – Join me on eToro: https://med.etoro.com/B19645_A122700_TClick_SInvesting_With_Andrew.aspx
#advert. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
In this video, we are revisiting gold mining stocks once again: Barrick Gold ($GOLD), Newmont ($NEM), Agnico ($AEM), B2Gold ($B2G), Kinross ($KGC), Alamos ($AGI), Centerra ($CGAU).
Excellent video Andrew, very insightful.
I’ve interested to see what you think of coal mining companies? Ones that the super investor Mohnish Pabrai is buying given their low valuation and general distaste from the public.
In particular he has bought HCC, ARCH, and AMR. Focusing on metallurgical coal producers.
Interested in your take, cheers!
Andrew your video is quite literally gold – I love how you condense so much useful information in one video – can't thank you enough. I read someone say that miners are actually a play on the difference in the rate of growth of oil price vs gold price – as oil is a proxy for miner costs. In that case, depressed oil prices while gold holds its gains is very bullish miners. But then I read how Barrick has started using solar farms to power some of their mines and we can get some extra cost efficiencies from renewables too. All in all – glad to see you are long Barrick – I started buying some yesterday (in addition to all the GDX I hold 🙂 )
Can you do coal stocks?
Thanks Andrew for another great video, analyzing Centerra I also came to similar conclusions to yours. The company is let's say in a transition phase and we have to wait and see how things go. In general they are all good companies of great quality, with Barrick that seems to me the most undervalued for what it can offer especially in the future. Do you think Barrick is still a good buy at these prices or is it too late? In general which of these companies are for you a buy already today?
Great video! What’s your price projection for b2 gold in the next 12-18 months