Advertisement
Canada markets close in 2 hours 56 minutes
  • S&P/TSX

    21,977.26
    +91.88 (+0.42%)
     
  • S&P 500

    5,110.42
    +62.00 (+1.23%)
     
  • DOW

    38,308.87
    +223.07 (+0.59%)
     
  • CAD/USD

    0.7314
    -0.0009 (-0.12%)
     
  • CRUDE OIL

    83.85
    +0.28 (+0.34%)
     
  • Bitcoin CAD

    87,060.37
    -1,212.79 (-1.37%)
     
  • CMC Crypto 200

    1,324.28
    -72.25 (-5.17%)
     
  • GOLD FUTURES

    2,346.30
    +3.80 (+0.16%)
     
  • RUSSELL 2000

    2,002.27
    +21.16 (+1.07%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,959.38
    +347.62 (+2.23%)
     
  • VOLATILITY

    15.11
    -0.26 (-1.69%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6836
    +0.0015 (+0.22%)
     

Which Gold Miners Could See a Valuation Upside after Q2 Earnings?

Which Gold Miners Could See a Valuation Upside after Q2 Earnings?

Among the senior and intermediate gold miners, Agnico Eagle Mines (AEM) has the highest forward multiple of 12.1x, representing a premium of 18.0% to its last-five-year average multiple. As you can see in the graph above, AEM’s EBITDA margin is quite high. The company offers strong production growth, which is supported by a strong project pipeline.