Tuesday , 26 September 2023

5 Profitable Gold Stocks With Big Upside Potential

…Today we have identified five profitable small cap gold stocks with big upside potential, as they are trading at a significant discount to Net Asset Value (NAV).

The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article written by SmallCapPower.com

1. Alamos Gold Inc. (TSX: AGI)
Gold

 

Alamos Gold Inc., a Canada-based company, is engaged in the acquisition, exploration, development and extraction of precious metals in Canada, Mexico….[and] Turkey…

  • Market Cap: $1,908,361,612
  • Total Revenue (LTM): $665,521,000
  • Debt to Equity: 17.3%
  • YTD Price Change: -5.8%
  • Price/NAV: 0.70
  • Gross Profit Margin: 35.7%

2. Centerra Gold Inc. (TSX: CG)
Gold

 

Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia (Turkey, Kyrgyz Republic & Mongolia) , North America (Canada)…

  • Market Cap: $1,640,614,649
  • Total Revenue (LTM): $1,298,116,827
  • Debt to Equity: 27.1%
  • YTD Price Change: 22.3%
  • Price/NAV: 0.69
  • Gross Profit Margin: 45.5%

3. Hudbay Minerals Inc. (TSX: HBM)
Gold, Base Metals

 

Hudbay Minerals Inc is a Canada-based mining company engaged in the production of copper concentrate, consisting of copper (Canada, the U.S. & Peru), gold and silver (Canada), as well as zinc metal (Canada & Peru)…

  • Market Cap: $1,338,158,754
  • Total Revenue (LTM): $1,506,908,992
  • Debt to Equity (LTM): 73.0%
  • YTD Price Change: 0.4%
  • Price/NAV: 0.41
  • Gross Profit Margin: 46.2%

4. Asanko Gold Inc. (TSX: AKG)
Gold

 

Asanko Gold Inc. is a gold producer with operations…in open pit mining and conventional processing of gold ores mined in its Asanko Gold Mine in Ghana.

  • Market Cap: $484,298,220
  • Total Revenue (LTM): 175,910,000
  • Debt to Equity (LTM): 37.2%
  • YTD Price Change: -21.1%
  • Price/NAV: 0.80
  • Gross Profit Margin: 52.1%

5. New Gold Inc. (TSX: NGD)
Diversified Mining

 

New Gold Inc. is an intermediate gold mining company engaged in the development and operation of mineral properties…in Canada, the United States, Australia, Mexico [and]…Chile.

  • Market Cap: $1,606,739,668
  • Total Revenue (LTM): $930,393,220
  • Debt to Equity (LTM): 42.9%
  • YTD Price Change: -18.7%
  • Price/NAV: 0.52
  • Gross Profit Margin: 46.5%

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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