Q: Is ODV a good buy for a 5 year time horizon. If not is there a similar company you would recommend?
Thank you!
Thank you!
5i Research Answer:
We would be very comfortable with ODV as a small cap gold royalty play. Management has had huge prior success in the sector (and sold companies) and insiders have been buying. Shares have enjoyed the sector rally and strong growth is predicted going forward. It should be considered higher risk, however, due to the volatility of the sector and its relatively small size.