Q: Can you give me your 3 favourite Canadian gold stocks and reasons why? Thank you.
5i Research Answer:
Our top three Canadian gold stocks include AEM, FNV, and KRR. AEM generates strong free cash flows, has a good sales growth rate, a healthy balance sheet, and pays a nice yield of 3.3%. FNV has a smaller yield at 0.7%, but has demonstrated nice sales growth over the past five years, expanding profit margins, and has a strong cash balance of $1.3B. KRR is a smaller name, which carries higher risk and does not issue a dividend, but sales and earnings growth are expected to be strong in the coming years, it's at a cheap valuation, and has a good balance sheet.