Q: Do you have anything negative to say about this company?
IMO this is one of the best gold/silver stock in the market due to a broad/diversified asset base, great management, and good exposure to both gold and silver (65%/35%).
Just wondering what you may not like about TFPM
IMO this is one of the best gold/silver stock in the market due to a broad/diversified asset base, great management, and good exposure to both gold and silver (65%/35%).
Just wondering what you may not like about TFPM
5i Research Answer:
We don't dislike it, and out last comments indicated we would BUY.
The dividend was raised recently, momentum is solid and the sector outlook good. The balance sheet is strong, cash flow is excellent and good earnings growth is expected. Two things were would note as offsets: 1) One shareholder owns 64%. At some point, if they decide to sell, the stock could see pressure. 2) It is not cheap, at 33X earnings.