Good time for gold
First, according to Garthwaite, the valuation of gold stocks is abnormally cheap on both P/E - trading at a 25% discount to the broader market vs a 30% premium normally, and also cheap on a price-to-book basis relative to the market.
The "outperform"-rated stocks which scream cheap and have positive earnings revisions are: $NEWCREST MINING(NCMGF.US$, $Newmont(NEM.US$ $Endeavor Group(EDR.US$ $PERSEUS MINING LIMITED(PMNXF.US$ , $REGIS RESOURCES LTD(RGRNF.US$ $Agnico Eagle(AEM.US$, $Barrick Gold(GOLD.US$ $Kinross Gold(KGC.US$ $Yamana Gold Inc(AUY.US$
The "outperform"-rated stocks which scream cheap and have positive earnings revisions are: $NEWCREST MINING(NCMGF.US$, $Newmont(NEM.US$ $Endeavor Group(EDR.US$ $PERSEUS MINING LIMITED(PMNXF.US$ , $REGIS RESOURCES LTD(RGRNF.US$ $Agnico Eagle(AEM.US$, $Barrick Gold(GOLD.US$ $Kinross Gold(KGC.US$ $Yamana Gold Inc(AUY.US$
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Froriano : agreed with u,it's cheap now but wait for wed ,most probably can get cheaper
kopiOkosong_black : Buy!
Hoot9e : Why can get cheaper
Hoot9e : Expect poor qr ?