Post by
sdhaka on Jul 17, 2024 4:48pm
First Quantum Minerals leads with an EV/EBITDA
In today's ever-changing market, understanding how investors value gold and base metal producers is crucial. First Quantum Minerals leads with an EV/EBITDA at 13.05, indicating market optimism about future earnings.
Sector Trends:
The base metal sector's valuation is influenced by global economic factors like supply chain disruptions and commodity price volatility. In contrast, gold producers often maintain higher valuation multiples due to gold's safe-haven status during economic uncertainty, leading to steadier demand and stronger market confidence.
Read more commentary: https://www.researchfrc.com/content/analyst-ideas/post/115/dovish-fed-softbank-bets-on-ai-gold-junior-commences-production
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