Update on value mining stocks
I recommended 10 mining stocks about 2 months ago. It is time to review how they have done.
Posted by: OriginalFred
Date:2/17/2007 12:23:48 PM
Post #2544
Value mining stocks
In case anyone is interested, I did a fair amount of research last month to find what I believe are the best value mining stocks. These are my favorites in order:
Symbol, Name, Metal, Price (as of 2/15/07), Market Cap, Notes
RNO, Rio Narcea, Nickel, 2.91, 520M
Should earn about $.19 in Q4, P/E of 4.
Up 58% to $4.61. Buy out in progress.
AUY, Yamana, Gold, 14.12, 5B
Large, growing, quality gold stock, forward P/E around 15.
Up 1% to $14.28.
GBN, Great Basin, Gold, 1.89, 220M
Future mines in Nevada and South Africa, discounted forward P/E estimated at 11.
Up 24% to $2.34.
GLE, Glencairn, Gold, .55, 150M
Growing, leveraged producer. P/E should be around 10 when mine problems are fixed.
Up 7% to $.59.
QADMF QUA.to, Quadra, Copper, 6.58, 300M
Q4 earnings should be spectacular, probably over $1 per share.
Up 79% to $11.76.
BLEFF BLE.to, Blue Pearl, Molybdenum, 6.94, 1.1B
Just bought out a large private producer, P/E around 5.
Up 131% to $16.04.
BWLRF BWR.to, Breakwater, Zinc, 1.58, 700M
Current P/E around 8, new mine in early 2008.
Up 23% to $1.95.
LMGGF LIM.to, LionOre, Nickel, 12.39, 2.5B
Growing producer, Q4 earnings should be excellent, P/E around 4.
Up 35% to $16.68. Buy out in progress.
CSFFF CS.to, Capstone, Copper, 1.50, 130M
Growing producer, forward P/E around 6.
Up 46% to $2.19.
SLMXF SXL.v, Slam, Zinc, .15, 14M
Tiny high risk explorer that seems to have a rich zinc property.
Up 13% to $.17.
