Gold Stocks Information and Comparison

[Ghetto23]

Kennas, a question about your spreadsheet if I may.

In the EV column you have teh formula as EV = MC - Cash

Shouldn't this be: EV = MC + Debt - Cash

In saying that it's a really useful tool - thanks for giving it to us!

 

[Sean K]

Kennas, a question about your spreadsheet if I may.

In the EV column you have teh formula as EV = MC - Cash

Shouldn't this be: EV = MC + Debt - Cash

In saying that it's a really useful tool - thanks for giving it to us!

Yes, you are correct I think, to be corrected.

 

[Sean K]

Have updated the chart with some of the data provided, thanks, and some of my own updates. Probably haven't captured all the changes though so any extras please feel free to announce.

Just for some perspective on the West African explorers/developers, who are probably under the radar for some consolidation, here is an EV to oz au graph and grades indicated from a GRY slide recently. Just for perspective.

 

[Aston]

Hi,

New to this thread and just want to add a company to the list of comparisons but not sure how to update spreadsheet. Recently picked up some shares, so disclosing my interest. Information extracted from latest investor presentation and quarterly report, so data is accurate to the best of my knowledge. Feel free to correct/add any details on review of company reports.

Many Thanks

Company: NQM
Shares: 200 Million
Options: 750,000
SP: 0.235 (13 May 2010)
Mkt Cap: 47 Million
Grade AU: 2.8
Resource: 505Koz (NQM Share)
Cash:$17.7 Million

Summary Points:
Cash Flow positive
Debt Free
Paying Dividend
Unhedged

 

[Sean K]

BGF update on West African goldies which provides some pretty good information, but a litte dated. I agree with their summary of the companies analysed. Bench marking them on PRU and ADU is probably conservative, imo, at around $100 oz going into production is less than many others. Maybe that's the West Africa benchmark? Seems unreasonable that an AND is trading at $400 an ounce, or maybe more, and remember LGL bought EQI at about $500 an ounce. But, they are idiots.

 

[Slipperz]

All my weekend research leads me to the conclusion the outlook for equities in the next 6 - 12 months is tenuous at best.

I feel a lot more comfortable looking at the price of gold graphs which are far more bullish.

I will still be looking for buying ops on certain picks but atm I'm cashed out of the market with the exception of PRU.

Plenty more upside here as they move into production with the POG rising.

Their drilling program out there in elephant country is paying dividends as well. They seem to be looking in the right part of the world for gold.

And sadly but practically it is better to be invested in an offshore miner so as to circumvent Mr Swan's tax grab.

 

[Sean K]

I'm digging back through my old threads of interest and found this gold stock comparison one. I'm also trying to dig up the old hard drive that might have held the spreadsheet that I had been attaching to this, but I think I might have left it in the sand box a few years ago.

I think it's time to resurrect it, even from scratch.

Stay tuned.

 

[divs4ever]

well if there are several currency collapses ( and that is possible ) that might be very timely and educational

also i have been unsuccessful finding an attractive silver producer , did ASF ever have a thread on that ( similar to this gold thread )

cheers

 

[Sean K]

well if there are several currency collapses ( and that is possible ) that might be very timely and educational

also i have been unsuccessful finding an attractive silver producer , did ASF ever have a thread on that ( similar to this gold thread )

cheers

Not that I can recall. Probably because there’s so few silver majors in Australia. Like, none.

 

[noirua]

I'm digging back through my old threads of interest and found this gold stock comparison one. I'm also trying to dig up the old hard drive that might have held the spreadsheet that I had been attaching to this, but I think I might have left it in the sand box a few years ago.

I think it's time to resurrect it, even from scratch.

Stay tuned.

We are at an interesting time especially for those interested in gold shares but not holding any at present. Aussie gold shares are doing better than US gold shares, in AUD terms, due to the widening of currencies at USD1 equals 1.42 AUDs. Many forget Canadian shares as USD1 equals 1.24 CADs.
Some gold shares are paying high dividends as their share price is crushed despite the gold price standing at USD1,780 approx.
Newmont with a market cap of USD45 billion at a share price of USD56 pays 3.92%. DRD Gold a market cap of USD738 million at USD8.58 pays 5.9%.

Newmont (NYSE:NEM) - Stock Price, News & Analysis - Simply Wall St

Should you invest in Newmont (NYSE:NEM)? Excellent balance sheet with moderate growth potential.

simplywall.st

DRDGOLD (NYSE:DRD) - Stock Price, News & Analysis - Simply Wall St

Research DRDGOLD's (NYSE:DRD) stock price, latest news & stock analysis. Find everything from its Valuation, Future Growth, Past Performance and more.

simplywall.st

 

[divs4ever]

well i don't mind a GOOD illiquid stock , but didn't assume because i was unsuccessful , that they don't exist

my major silver exposure currently is S32 (a multi-commodity company) and SDI ( a dental technology company selling silver fillings among other stuff )

SVL is still a work in progress ( i don't hold ) and several gold producers have a silver by-product

but i think the gold stock comparison will be more popular in the short term ( at ASF )

cheers

 

[divs4ever]

We are at an interesting time especially for those interested in gold shares but not holding any at present. Aussie gold shares are doing better than US gold shares, in AUD terms, due to the widening of currencies at USD1 equals 1.42 AUDs. Many forget Canadian shares as USD1 equals 1.24 CADs.
Some gold shares are paying high dividends as their share price is crushed despite the gold price standing at USD1,780 approx.
Newmont with a market cap of USD45 billion at a share price of USD56 pays 3.92%. DRD Gold a market cap of USD738 million at USD8.58 pays 5.9%.

Newmont (NYSE:NEM) - Stock Price, News & Analysis - Simply Wall St

Should you invest in Newmont (NYSE:NEM)? Excellent balance sheet with moderate growth potential.

simplywall.st

DRDGOLD (NYSE:DRD) - Stock Price, News & Analysis - Simply Wall St

Research DRDGOLD's (NYSE:DRD) stock price, latest news & stock analysis. Find everything from its Valuation, Future Growth, Past Performance and more.

simplywall.st

i am holding several gold producers , but am willing to cherry-pick and nibble more ( NOT back up the truck , though )

IF there is a major meltdown ( some of the 'everything bubble ' pops ) i am thinking the GFC reaction is like possible ( all assets run to cash , primarily to ease debt obligations ) so for those already low-debt and have cash reserves some opportunities will arrive

so i hope there will be a small window to add some good gold stocks cheaper , and if i miss that window start looking at discounted quality companies ( both stocks and debt instruments ) and LICs ( because REITs should be chaos and take longer to clarify their situation )

but heck i am just GUESSING , maybe your plan is better ( especially for your situation )

BTW don't forget geopolitical risk , some governments aren't as stable as they were in the past ( that could be a NASTY issue )

 

[noirua]

i am holding several gold producers , but am willing to cherry-pick and nibble more ( NOT back up the truck , though )

IF there is a major meltdown ( some of the 'everything bubble ' pops ) i am thinking the GFC reaction is like possible ( all assets run to cash , primarily to ease debt obligations ) so for those already low-debt and have cash reserves some opportunities will arrive

so i hope there will be a small window to add some good gold stocks cheaper , and if i miss that window start looking at discounted quality companies ( both stocks and debt instruments ) and LICs ( because REITs should be chaos and take longer to clarify their situation )

but heck i am just GUESSING , maybe your plan is better ( especially for your situation )

BTW don't forget geopolitical risk , some governments aren't as stable as they were in the past ( that could be a NASTY issue )

 

[Miner]

All my weekend research leads me to the conclusion the outlook for equities in the next 6 - 12 months is tenuous at best.

I feel a lot more comfortable looking at the price of gold graphs which are far more bullish.

I will still be looking for buying ops on certain picks but atm I'm cashed out of the market with the exception of PRU.

Plenty more upside here as they move into production with the POG rising.

Their drilling program out there in elephant country is paying dividends as well. They seem to be looking in the right part of the world for gold.

And sadly but practically it is better to be invested in an offshore miner so as to circumvent Mr Swan's tax grab.

Just an observation of this thread.
After June 2010 the next post was end of 2021.
11 years gap. Long and deep slumber for gold- price and Forex rate then and now. I recall in 2010 when I became first time expat $1 AUD was about $1.05 USD and now ???