top gold stk 2019https://seekingalpha.com/article/4232056-top-gold-stocks-2019
Honorable Mention Picks for 2019
Here are a few:
Gran Colombia Gold (OTCPK:TPRFF): I view Columbia as one of the more risky places to mine, which is one of the reasons I've left it off the top 10 list. But I have to admit that Gran Colombia Gold's stock is very undervalued entering 2019, especially after the company's debt restructuring. It is a much safer stock now than a few years ago.
For the 9 months ended 2018, Gran Colombia has produced 162,741 ounces of gold at $899/AISC, producing $78 million EBITDA year-to-date, putting it on pace to meet or exceed its full-year guidance of 214,000 - 220,000 ounces at $950/AISC. With $100+ million in annual EBITDA and an enterprise value of just $186 million, Gran Colombia is trading at an EV/EBITDA of under 2X which is quite low.
Gran Colombia is a medium-to-high-risk, high-reward pick for 2019, and it's a company I'll be keeping a close eye on early in the year.