Top 5 Best Gold Stocks for 2013 MAYBE - JUST MAYBE -- THEY ARE STARTING TO SEE THIS ONE: thanks for posting this article
#2 St. Andrew Goldfields
"St Andrew Goldfields Ltd. ("SAS" or the "Company") is an evolving Canadian based gold mining company targeting annual production of ~100,000 ounces of gold in 2013. SAS also has an extensive land package in the Timmins mining district, Northeastern Ontario, Canada, which lies within the world famous Abitibi greenstone belt."
This is another Canadian mining company, like Claude and Brigus, that I feel is ridiculously undervalued at the moment.
The stock price is just .40 cents with a market cap of 150 million. The company has EPS this year of .08 cents, giving them a current P/E of just 5!
The company is currently very profitable - In the last quarter, they earned net income of $6.3 million or $0.02 per share. Other results:
- Generated operating cash flow of $14.7 million.
- Achieved record production of 25,742 ounces of gold from three operations (Holt, Holloway and Hislop) reaching a steady state run rate that will sustain annual gold production of about 100,000 ounces.
Current price: .40 cents. Target price for 2013: .80 cents - $1.
Read more at https://www.infobarrel.com/Top_5_Best_Gold_Stocks_for_2013#zejGdjDQZm3kyDs5.99