Gold And Silver Miners: Quality Producers

Consider investing in a mining stock the way you would a fortune 500 company. You would look for a profitable company with a good balance sheet and good management team. Below is a list of quality gold and silver producers with low costs and quality management teams.

The gold producers on this list have all-in costs (free cash flow) under $1,100 per oz. The silver producers have all-in costs (free cash flow) under $14 per oz. These are the companies that will likely double first when gold and silver prices rise. In the meantime, they are strong enough to withstand low price swings. None of them have debt issues.

Stock Name

Symbol (US)

Type

Rating

Share Price (US)

FD Shares

FD Mkt Cap 7/30/17

Coeur Mining

CDE

Gold

2.5

$7.61

181M

$1381M

Fortuna Silver

FSM

Silver

2.5

$4.35

160M

$696M

Guyana Goldfields

OTCPK:GUYFF

Gold

2

$3.59

179M

$642M

Hecla Mining

HL

Silver

2.5

$4.73

399M

$1887M

Kirkland Lake

KL

Gold

2

$10.59

212M

$2245M

Mag Silver

MAG

Silver

2

$12.60

83M

$1045M

McEwen Mining

MUX

Silver

2.5

$2.27

312M

$708M

New Gold

NGD

Gold

2.5

$3.37

617M

$2079M

Pretium Resources

PVG

Gold

2.5

$7.95

187M

$1486M

Silvercorp

SVM

Silver

2.5

$3.48

175M

$477M

St Barbara Ltd

OTC:STBMF

Gold

2

$2.22

518M

$1151M

Torex Gold

OTCPK:TORXF

Gold

2

$14.78

81M

$1207M

All of these stocks have been analyzed by me, and I own most of them. The ratings come from GSD. A 2 rating is a potential 3 bagger at higher gold/silver prices. A 2.5 rating is a likely 3 bagger at higher gold/silver prices.

I have learned from experience that when gold/silver prices are trending higher, you want to own producers. The reason why is because their cash flow immediately increases and that causes their share price to increase. There is a direct correlation.

I have also learned that quality producers tend to rise the fastest and tend to outperform as gold/silver prices rise. Whereas, companies with a few red flags tend to lag when we get higher gold/silver prices.

The gold/silver mining business is cash intensive. Not…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *