After giving the company credit for the expected ramp - up in production from large current investments, the company is trading at less than 9 times earnings — too low considering that approximately a quarter of those earnings come from the very high - return trading segment and the rest come from long - lived and well -
run mining assets.
Not exact matches
Speaking to Bloomberg TV this week, Faber claimed that investors are
running low on safe
assets and suggested they revisit
mining companies:
David Harquail, chief executive officer of Franco - Nevada Corp., said earlier Monday that the gold industry continues to be in an ex-growth phase where new
mining projects are simply replacing older
assets that are
running out of ore.
Speaking to Bloomberg TV last week, Faber claimed that investors are
running low on safe
assets and suggested they revisit
mining companies:
What is common among all of these blockchain
assets is that they all
run on open
mining algorithms.