Here is a comment and table from Scotiabank:
The “Implied Gold Price” and resulting calculated premium/discount, is the gold price that would be need for the respective stocks to be trading at 1.0x NAV3%.
The group of companies trading at a discount to bullion continues to grow – with ELD, ACA, YRI, IMG, G, GFI and AU all trading below the current spot price.
ELD=Eldorado Gold, ACA= Acadian Mining, YRI=Yamana Gold, IMG=IAMGold, G=Goldcorp, GFI=Gold Fields and AU=AngloGold.
Source: Scotiabank GBM Precious Metals Research
from MasterMetals http://ift.tt/2rXfyL1