A Major 2019 Position: This is Our Moment!
Our top gold pick for 2019 is extremely undervalued here at CAD$0.24 per share, or about $0.19 in the U.S.
5 major analysts have reviewed the company, and here are their price targets for the next year:
HC Wainwright: CAD$1.20
That’s 4 to 5x where it trades today, however, they are forecasting that using the current very low gold price.
The reality is that the set-up for gold can take it much higher here in 2019.
Current Recommendation: Consider buying shares of First Mining Gold (US: FFMGF & TSX: FF).
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.