Ralph Aldis: These Precious Metal Companies Are Undervalued
In a recent interview with Streetwise Reports, portfolio manager Ralph Aldis discusses the June rebalance of the popular VanEck Vectors Junior Gold Miners ETF (GDXJ) and the buying opportunities this has presented in the gold space. He details a number of companies that he believes offer good value in today’s marketplace.
Ralph also touches on royalty and streaming companies in particular, and what makes them attractive investment vehicles in his eyes. He even names the three royalty companies at the top of his list right now.
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Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more accounts managed by U.S. Global Investors as of 03/31/2017: VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Junior Gold Miners ETF (GDXJ), Klondex Mines Ltd, Wesdome Gold Mines Ltd, Barrick Gold Corp, Newmont Mining Corp, Franco-Nevada Corp, Royal Gold Inc., Wheaton Precious Metals, Centerra Gold Inc, Direxion Daily Gold Miners ETF, Direxion Daily Junior Gold Miners ETF, Golden Star Resources Ltd, TriStar Gold Inc., Gold Fields Ltd, AuRico Metals Inc., Kirkland Lake Gold Ltd
Return on Capital (or return on invested capital) is a calculation used to assess a company’s efficiency at allocating the capital under its control to profitable investments.
Diversification does not protect an investor from market risks and does not assure a profit.