Loading ...18 Leading Gold and Silver Mining Stocks for 2019
In a previous post, I highlighted the breakout on the PSAU Precious Metals Mining ETF. Although that particular ETF is scheduled to close, its portfolio of leading mining stocks will continue their journey.
I put together a list of 18 leading Gold and Silver miner charts that have recently broken out against the Nasdaq 100 with possible upside target prices. I’ll feature 5 of them here. If you’d like to see the full list of 18 charts, please see this post on my personal blog. I don’t want to take away too much real estate from valued Goldtent contributors! Full list of tickers includes GOLD, AU, KGC, AUY, AG, SA, SAND, HMY, SBGL, SSRM, BTG, WPM, AEM, RGLD, GSS, BVN, FNV, OR. -Harry
Royal Gold (RGLD): 78% Possible Upside
Seabridge Gold (SA): 207% Possible Upside
Sandstorm Gold Royalties (SAND): 191% Possible Upside
Franco-Nevada Corp (FNV): 24% Possible Upside
Compañia de Minas Buenaventura (BVN): 45% Possible Upside
Thx, nice charts. I agree with your call if gold goes to $1700-$1800+.
However, the 300% upside for GOLD seems fundamentally a lot, but technically possible. I think the lower quality stocks with lots of debt on balance sheet like AUY, KGC, CDE,… will strongly outperform.
Thanks Alex! Yes, Barrick’s possible technical upside is very surprising. Makes you think, from a fundamentals perspective, that we could see bullish developments beyond just looking at price appreciation. Maybe Gold backed Cryptocurrency goes mainstream within the next few years?
Thanks for this. I own a few of these. Sandstorm is my best performer – up 442% since I took the plunge. If you’re right and we get nearly 200% from here. Id be up over a thousand percent or 10x. I’d be reasonably happy with that.
Way to go N* ! If or when you get your 10x return, you can share a screenshot of your holding with the board. Good example of “sit tight and be right”
I’m happy to do that, but wouldn’t want to brag. Sit tight, be right is a good mantra, but only if you’re supremely confident in the long term outcome. I’m betting that 2016 was the lowest point in the next 10 years. I also took a stake in Uranium miners a while back, which is averaging about +60% now. Patience can pay off.
These are great, thx for sharing Triplehstocks. Why no silver stocks? If this is a bull market they should outperform gold, especially the large tier companies.
It looks like you included a few, thanks!
Good question AFA-Ag, made me look up the GSR. And a few other charts re: Ag.
Very good point Sir.
Great question Asasilver! Yes, there are many more Gold stocks than Silver stocks in this list. Silver stocks have been lagging the Gold stocks recently. Consider the SIL:GDX ratio has not been improving in Silver’s favor…