Gold Mining Stocks (XAU)

[geodan]

GoldSpot article out.https://ceo.ca/@sustainabedude/goldspot-discoveries-gets-paid-to-receive-mining-royalties-a-revolutionary-business-model

Goldspot Discoveries Gets Paid To Receive Mining Royalties - A Revolutionary Business Model

Snip: They are backed by the high-profile names in the industry, among which are Eric Sprott (holds a 20% stake), Pallisades Goldcorp and Triple Flag Mining. The current market cap is around $105M cad. All that while revenues and investment gains are expected to increase multifold over the next few years. Morningstar says Return on Equity is an astounding 80% in the last full reported year (2020). The Allen EV/EBITDA is about 3 and the PE Ratio of GoldSpot is about 4 on UncleStock.