|Bid||36.54 x 2000|
|Ask||37.30 x 500|
|Day's Range||36.56 - 37.00|
|52 Week Range||30.19 - 42.69|
|PE Ratio (TTM)||-30.95|
|Dividend & Yield||0.30 (0.82%)|
|1y Target Est||N/A|
With the second quarter largely over, BMO Capital Markets’ Andrew Kaip and Andrew Breichmanas have an update on the sector, writing that it was one of the better quarters in recent memory, with some 70% of companies reporting better-than-expected earnings per share—but that didn’t always translate into stock gains. Among the royalty/streaming companies, Franco-Nevada (FNV) and Sandstorm Gold (SAND) were boosted by their results, as well as improved guidance and a rebound in trade, respectively, while Wheaton Precious Metals (WPM) took a hit on worries about its San Dimas stream.
The base metals continue to move higher and continue to look like early stages of a bull market cycle ...
Goldcorp (GG) has the highest EV-to-forward-EBITDA multiple among the senior gold miners (GDX) at 9.5x, a premium of 33% to its peers.