In the latest virtual conference presented by Benzinga, three outstanding experts and industry professionals gathered to explore the prospects of a new “Supercycle” for gold miners.
Delving into crucial factors affecting the performance of gold mining stocks, they discussed Fed interest rates, market valuations, geopolitics, ESG and technological innovation in the industry.
In the first part, Imaru Casanova, a portfolio manager for Gold and Precious Metals at VanEck, highlighted the potential bullish catalysts for gold miners and presented her top stock recommendations.
Taylor McKenna, CFA and an analyst at Kopernik Global Investors, emphasized the value of gold mining stocks and discussed the application of AI technologies.
Luke Norman, co-founder and executive chairman at US Gold Corp. (NYSE:USAU), offered insights into the gold mining exploration side and the permitting cycle.
VanEck Sees Attractive Valuations In The Gold Mining Industry
VanEck’s Casanova expressed optimism about the outlook for gold miners, citing the end of the Fed tightening cycle as a potential bullish catalyst.
With strong global support in the current environment, gold miners are poised to demonstrate their leverage with higher gold prices. Casanova highlighted the historically low multiples at which gold mining stocks are currently trading, coupled with controlled ...Full story available on Benzinga.com
Related tickers: GDX, SA, THM, GOLD, AEM, GDXJ, WRN, AGI, AGI, USAU.
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