Why Costa, Gold Road, Sayona Mining, and Silver Lake shares are storming higher
Auszug
Gold Road Resources Ltd (ASX: GOR)
The Gold Road share price is up over 3% to $1.59. This morning, Goldman Sachs initiated coverage on the gold miner with a buy rating and $1.85 price target. It said: “GOR remains undervalued in our view, trading at ~0.9x NAV on our LT gold price of US$1,700/oz, or pricing ~US$1,560/oz gold (peer average ~1x NAV and ~US$1,700/oz), and near-term FCF yields of c. 10% in CY24/25 remain attractive vs. peers and support upside to the outlook for capital returns.”
www.fool.com.au/2023/07/04/...ake-shares-are-storming-higher/
Kauf @ 1,6 AUD
de.investing.com/equities/gold-road-resources-ltd
Auszug
Gold Road Resources Ltd (ASX: GOR)
The Gold Road share price is up over 3% to $1.59. This morning, Goldman Sachs initiated coverage on the gold miner with a buy rating and $1.85 price target. It said: “GOR remains undervalued in our view, trading at ~0.9x NAV on our LT gold price of US$1,700/oz, or pricing ~US$1,560/oz gold (peer average ~1x NAV and ~US$1,700/oz), and near-term FCF yields of c. 10% in CY24/25 remain attractive vs. peers and support upside to the outlook for capital returns.”
www.fool.com.au/2023/07/04/...ake-shares-are-storming-higher/
Kauf @ 1,6 AUD
de.investing.com/equities/gold-road-resources-ltd