GraniteShares Gold Trust BAR

Beacon Coverage - $5 target!

[ScottFAP]

The Beacon analyst just came out with coverage and says the stock is worth $5.

[ddogold]

Excellent news . Anyway you can post their analysis ? Thanks 

[ScottFAP]

I think you need to regsiter on the Beacon Securities website beaconsecurities.ca

[1condor]

That's quite the one year (and unrealistic) target price....but believe it will be about 3 years before we see 5 dollars..which is still a very good return. On another note, I am not a believer in analysts (I do my own research on every stock I buy)...I found over the years that most of these analysts have agendas which are not in the best interests of investors.

[alleyesonme]

I agree with you opinion about analysts. 5 bucks a share is only a market cap of 155 mil. At the end of the third quarter uge had 112 mil of confirmed contracts. Thats excluding the new commitments after q3. A leader in the markets they operate in an industry in its infancy. I'm truly surprised their isn't higher multiple on their ev earnings. Look at solr.v. they land a 60mil contract

[BCdude]

In one sense $5 seems like a lot, especially when comparing it to 2020 revenues. However, factoring in the known $136 million CDN of backlog, which is ACTUALLY more like $350 million of actual dollars based on net-present-value calculation (spread over 25 years), one can see that a market cap of $155 million (which it would be at $5/share) is more reasonable than many smallcap valuations at the

[PaperBoi222]

This post has been removed in accordance with Community Policy

[BCdude]

Paperboi, Glad you managed to get in a few months ago. Now why haven't you responded to the private message I sent you back in November? LOL

[PaperBoi222]

This post has been removed in accordance with Community Policy

[BCdude]

Nice to have you along for the ride. I don't see any message in my inbox? I returned your message about Taiga Building Products back in November, but you never picked up your message. :)

[PaperBoi222]

This post has been removed in accordance with Community Policy

[BCdude]

OK, I've resent it.