– Gold Equities Penalty Box Update…: Below Scotia Mining Sales showing a scattered diagram showing where each company trades between their 52 Week Low and 52 Week High (0% for 52 WL and 100% for 52 WH) plotted against Scotiabank’s P/NAV5% at Spot Everything – see attached pdf for full comps. Value shoppers may like to see companies in the bottom left quadrant because they are “washed out” by the market and have a very low valuation.
Source: P/NAV data provided by Scotiabank GBM Precious Metals Research; Pricing Data provided by Bloomberg; Chart created by Scotia Mining Sales
* All THO estimates provided by Scotia Mining Sales
The Penalty Box stocks are: PG=Premier Gold, DPM=Dundee Preciuos Metals, RIC=Richmont Mines, TMR=, THO=, DGC=Detour Gold, GUY=Guyana Goldfields,
G=Goldcorp, AGI=Alamos Gold, NGD=NewGold, MND=, AU=, YRI=Yamana Gold, TGZ=Teranga Gold, ACA=, SMF=SEMAFO, AKG=Asanko Gold.
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