Q: What’s your opinion on the results just released? Is it a decent place to park a few bucks ? Is it decent value ?
5i Research Answer:
Please see these brief comments from yesterday. Gold sales at 927,797 ounces were lower than expected; Production for 2026 is set at 820,000 to 970,000 ounces, so will likely not grow much year over year. All-in costs of above $2,400 per ounce remain higher than the industry. Its very low valuation makes it more interesting than its fundamentals. Still, we would prefer to go elsewhere.