Gold Miners Analysis: Barrick, Newmont, Agnico Eagle Mines, AngloGold Ashanti, Kinross, Gold Fields

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  • Опубликовано: 18 окт 2024

Комментарии • 34

  • @Investing_With_Andrew
    @Investing_With_Andrew  7 месяцев назад +3

    Join this channel to support me and get access to perks:
    ruclips.net/channel/UCLqygB-tDDzP8HcNDV0k7igjoin
    This took A LOT of work, but it's finally done. I hope you'll enjoy it!
    With gold reaching new record prices recently, investing in gold mining stocks looks like a very attractive idea, especially since some of them haven't moved that much despite gold rallying. In today's video, we'll delve into six prominent gold mining companies and analyze their performance, financial health, potential risks and growth prospects. From Barrick (GOLD) and Newmont (NEM) to AngloGold Ashanti (AU), Kinross (KGC), Gold Fields (GFI), and Agnico Eagle Mines (AEM), we'll check them all!

  • @Mannykeri
    @Mannykeri 7 месяцев назад +3

    My take from this Video is: Just buy Barrick Gold and you're good. It's the best gold miner out there.

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад +3

      I wouldn't call it the best gold miner to be honest. I'd rather say it's among the best picks at the current prices relative to the others. Each of them has their own ups and downs

  • @DarenHoekstra
    @DarenHoekstra 6 месяцев назад +1

    Excellent analysis Andrew, some very good information that will influence my mining stock decisions going forward.

  • @SergiMedina
    @SergiMedina 6 месяцев назад +1

    Interesting as always. Not a fan of gold "investing," but I like gold and I've made some money with some commodity stocks. It's all about timing, which is difficult, besides of course the fundamentals if they're businesses and not just the commodity itself. Thanks.

  • @arunbhandary4024
    @arunbhandary4024 7 месяцев назад +3

    Great Video Andrew! Can you please let me kno the 3 scenarios for Barrick please 😁

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад

      Thank you, Arun! They are the ones at 6:30 to 6:50. I wrote them with Barrick's case in mind, in particular. It's hard to see them below $10, but it might be possible in case gold crashes. The upside could be even above $45-50 - it all depends on how high gold can go. I think the market won't care about individual miners and treat them similarly in case gold crashes or jumps, as it normally does. I like Barrick because of one of the best balance sheets in the industry and an around average AISC, even after increasing. They offer what I'm looking for in a gold miner. Did you find any of these companies interesting?☺

    • @arunbhandary4024
      @arunbhandary4024 7 месяцев назад +1

      @@Investing_With_Andrew Barrick & Newmont are my personal favourites Andrew!! Newmont recently crashed a lot from its highs , so looks pretty attractive! Will wait for Barrick to hit the 10-12$ range!

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад

      I wish they'd get to $10-12 again 😁

  • @DarenHoekstra
    @DarenHoekstra 6 месяцев назад +2

    Just subscribed. Excellent financial analysis, thanks. I would love to see the same thing for silver miners. Paas, Ag, etc. Any plans?

    • @Investing_With_Andrew
      @Investing_With_Andrew  6 месяцев назад

      Thank you! I am working on a similar video for oil stocks now, but I can add silver to the list to cover in the future as well! 😉

    • @DarenHoekstra
      @DarenHoekstra 6 месяцев назад

      I currently own gfi and paas, paas being 50% gold and 50% silver. IMO paas should change their name to pan american precious metals like wheaton did a few years ago. Silver investors are turned away by the exposure to gold and gold investors find too much exposure to silver. At least with the name change investors who want exposure to both (like myself) would not get confused. Of course it would be a cosmetic change only but it could influence sentiment.

    • @Investing_With_Andrew
      @Investing_With_Andrew  6 месяцев назад

      @@DarenHoekstra Indeed, especially after that Yamana deal

    • @Investing_With_Andrew
      @Investing_With_Andrew  5 месяцев назад

      Hey! Just letting you know that I posted the silver miners analysis you requested!

  • @GLang-kq5lw
    @GLang-kq5lw 7 месяцев назад +2

    By far AEM is the very best of all gold miners

  • @Robert-qh3ok
    @Robert-qh3ok 7 месяцев назад +2

    great summary, thank you...

  • @markminister2599
    @markminister2599 7 месяцев назад +1

    Yes.i am very interested.

  • @markminister2599
    @markminister2599 7 месяцев назад +2

    Fantastic video. I learned a lot.

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад

      Thank you! I am glad I could help. I have similar videos about other commodities in case you're interested in that (i.e. copper and lithium so far) 👍

  • @arunbhandary4024
    @arunbhandary4024 7 месяцев назад +1

    Hey Andrew..whats your take on SAVE, considering the massive crash!

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад

      Hey Arun! I don’t like the company. If I remember correctly, I said that I wouldn’t buy it if it wasn’t for the merger potential. I haven’t kept up with them, but last time I checked they had very serious issues and I am not sure if they can survive for long without a merger

  • @anderson6379
    @anderson6379 6 месяцев назад +1

    This is SO KOOOOL! Thanks for sharing your insights 🙏

  • @ernestochaparro8751
    @ernestochaparro8751 7 месяцев назад +1

    B2gold Andrew ? What you think about that miner ?? I appreciate your good work. Blessings !

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад +1

      Thank you! I like B2. Great financials, lots of growth and potential, low AISC. My main issue with them is that around half of the gold they make today comes from the mine in Mali, which exposes them to political risk a lot. This should decrease as they open new projects, so it is just a matter of time. Other than that, looks very good 👍

    • @ernestochaparro8751
      @ernestochaparro8751 7 месяцев назад +1

      @@Investing_With_Andrew perfect ! Great info . B2gold has a great divident too .

    • @GLang-kq5lw
      @GLang-kq5lw 7 месяцев назад +1

      @@Investing_With_Andrew a good dividend cow

    • @Investing_With_Andrew
      @Investing_With_Andrew  4 месяца назад

      Hey! Just letting you know that I posted a new analysis that includes B2Gold following your request. Make sure to check it out 👍

  • @deepsudeep
    @deepsudeep 7 месяцев назад

    You didn't analyze the dilution at all! Its is peanuts compared to the divident

    • @Investing_With_Andrew
      @Investing_With_Andrew  7 месяцев назад +1

      That's how they do these mergers and acquisitions usually. I thought it's clear and I mentioned it a bit in the Newmont-Newcrest case. My bad 🥲As a note: for Barrick at least it's been pretty much flat since the Randgold deal - so around half a decade. The result of this kind of mergers is often the same or similar share value, but the business itself is bigger. The value added is in synergies, projects, etc.