Top PickSecond stock in the clip. GLTA
https://www.bnnbloomberg.ca/video/ross-healy-s-top-picks~2079635
ALAMOS GOLD (AGI TSX)
The depressingly poor U.S. balance sheet will only get worse in 2021. Holding gold stocks as insurance remains a sound and conservative approach to portfolio management. I like Alamos as it is cheap (1.25 times book) has a strong balance sheet, good intrinsic value and good mines.
TOP PICK
Alamos Gold Inc (AGI-T)
November 18, 2020
Trading at 1.25x book value. Very nice balance sheet. Good upside potential. Yield is 0.69%. (Analysts’ price target is $17.16)
Ross Healy
Price
$11.610
Owned
Yes