2 Canadian Mining Stocks to Buy as Gold Prices Hit Highs [Yahoo! Finance Canada]
Gold.com, Inc. (GOLD)
Last gold.com, inc. earnings: 2/12 07:00 am
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randgoldresources.com
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Source: Yahoo! Finance Canada
Gold is in the midst of a fierce bull market run right now, thanks in part to mounting uncertainties regarding Trump's trade policy. Indeed, tariffs, trade wars, and more have weighed quite heavily on the U.S. dollar (though it has provided a bit of relief for the loonie's value relative to the greenback) while sparking significant momentum in the precious metals scene. While some make the argument that gold is getting just a tad on the pricey side, I'd argue that many of the top gold mining stocks are still looking quite cheap at current levels, especially if the run in gold prices continues into the summer and perhaps into year's end. Indeed, the gold miners need a couple of quarters to catch up to the run in gold. But if you're in the belief that recent gains (gold surged past US$3,300) are sustainable, some of the top gold mining stocks, I believe, look to be deeply undervalued. And in this piece, we'll check out a trio of names that could be worth picking up before May rolls
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