|Bid||4.9800 x 45900|
|Ask||4.9900 x 29200|
|Day's Range||4.9700 - 5.1300|
|52 Week Range||3.1800 - 7.0200|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||22.73|
|Forward Dividend & Yield||0.10 (2.17%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||N/A|
An up-and-coming gold exploration company in Quebec may hit the jackpot in what could end up being a story even some of the most seasoned investors only ever dream of
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Gold stocks, as represented by the VanEck Vectors Gold Miners ETF (GDX), have underperformed the broader market over the past year.
Shifting to El Penon, GEO production for the quarter was 43,277 ounces, including 31,437 ounces of gold and 816,000 ounces of silver. Canadian Malartic had an exceptional quarter, producing 89,550 ounces of gold, exceeding plan due to higher grades and recoveries from ore found deeper in the Malartic pit.