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Wheaton Precious Metals Corp. (WPM $121.23)
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Agnico Eagle Mines Limited (AEM $161.61)
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Irving Resources Inc (IRV $0.28)
Q: What is your opinion of these two companies today?
Tim
Tim
5i Research Answer:
Both mining names have been in long-term downtrends since 2021, and both are quite small. IRV is a $20M company while FF is slightly bigger at $146M. Both names are pre-revenue, and we would consider them to be somewhat speculative. They might see a rise in price if precious metals continue to rise, but in general, we prefer proven names in the space such as AEM, WPM.