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  4 Gold Stocks That Could Soon Shine  
  Lorimer Wilson on 2018-03-07 15:40:52.0
 
 

The 4 gold miners on our list today trade at a significant discount to the peer average of 2.7x. These producers could represent value plays for a future gold rally.

The original article has been edited here for length (…) and clarity ([ ]) by munKNEE.com - A Site For Sore Eyes & Inquisitive Minds - to provide a fast & easy read.

 

 

 

1. Mandalay Resources Corp. (TSX:MND)
Gold

Mandalay Resources is a 100,000 oz gold-equivalent (?AuEq?) producer with operations in Sweden and Australia. In 2018, the Company anticipates ~60K oz Au from Bjorkdal, its flagship open pit/underground mine located in Sweden, and ~48K oz AuEq (28.5K oz Au & 3K t of antimony) from Costerfield, located in Australia, at all-in cash costs of ~US$1,218/oz AuEq. MND is also advancing its Cerro Bayo silver-gold project, located in Chile, which was put on care and maintenance in September 2017, but the Company expects a restart in 2019. Additionally, Mandalay owns another silver project in Chile called Challacollo, currently completing a Feasibility-Study before moving through its permitting stages.

  • Market Cap: $108.3 Million
  • YTD Total Return: -11.1%
  • Forward Price/Cash Flow 2019: 1.7x

 

 

2. Rye Patch Gold Corp. (TSXV:RPM)
Gold

Rye Patch Gold is a Canada-based gold company operating in Nevada. The Company's primary asset, the Florida Canyon gold/silver mine, resumed operation in December 2017, and is expected to produce 75,000 gold equivalent oz. per year. RPM also operates two advanced exploration projects south of Florida Canyon.

  • Market Cap: $73.3 Million
  • YTD Total Return: -40.6%
  • Forward Price/Cash Flow 2019: 1.8x

 

 

 

3. Brio Gold Inc. (TSX:BRIO) ? $2.60
Gold

Brio Gold is a Canada-based gold producer operating in Brazil. The Company's portfolio comprises of three operational mines and one new development project. Brio expects to double its production with the commencement of the Santa Cruz operations in December 2018.

  • Market Cap: $311.7 Million
  • YTD Total Return: 39.0%
  • Forward Price/Cash Flow 2019: 1.9x

 

 

 

4. Alacer Gold Corp. (TSX:ASR)
Gold

Alacer Gold is a U.S.-based gold company operating in Turkey. The Company's primary asset is its Çopler mine, producing 170,000 oz. in 2017, with an expansion of production expected to be completed in Q3 2018. Alacer expects to begin production at its Çakmaktepe project in Q4 2018.

  • Market Cap: $622.8 Million
  • YTD Total Return: -4.9%
  • Forward Price/Cash Flow 2019: 2.2x

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The post 4 Gold Stocks That Could Soon Shine appeared first on munKNEE dot.com.

 
 
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