The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Haywood Raises Target on BRD
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KERRY SMITH, Haywood Securities
(08/18/2010)
"With strong cash flow in 2011, a growing production profile and improved capital structure, Brigus remains undervalued relative to its peers currently trading at 2.7x consensus 2011 E EV/CFPS, versus the group average of 8.9x. . .Improving results from the open pit generated positive cash flow in Q2; peer-group multiple expansion leads to revised target price. Our target has increased to $2.40 from $2.35 previously despite this additional dilution, which we expect will deliver incremental resource expansion over time. Our SECTOR OUTPERFORM rating is unchanged." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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