Weekly 52-Week Low (or 52-Week High): AEM-T, SSL-T, GIB.A-T, DND-T and More 52-Week Highs and Lows (Sep 24-30)

Opinion about AEM-T: (A Top Pick Jul 08/25, Up 82.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AEM is progressing well.  To remain disciplined, we recommend trailing up the stop (from $161) to $177 at this time.  

Opinion about AG-N: A fan, but doesn't own. Recent acquisition will help use free cashflow against tax-loss carryforwards. Won't buy until he sees resolution of issue at Jerritt Canyon. Big fan of CEO and track record.

Opinion about ARG-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We think ARG is doing the right things. Debt was an issue in prior cycles, and it has cut/eliminated its dividend in the past. Now, it is in strong financial shape and very cheap at 8X earnings. It has been cash flow…

Opinion about CEF-T: This is still OK but it is 2/3 gold and 1/3 silver - silver is more industrially sensitive and therefore subject to a downturn in case of a recession. Try PHYS if you want pure gold exposure.

Opinion about CG-T: It's good to be in gold now, and CG is one of the cheapest gold stocks. They've diversified their portfolio geographically, which is good, but this stock always bounces around.

Opinion about EQX-T: In the very near term, may trade off because it's acquiring CXB. Looking out over 1 year, suspects Canadian operations will ramp up and they'll do very well as they generate more free cash. Larger size means likely included in more indexes.

Opinion about ERD-T: The fact that TECK.B is a shareholder speaks well for it, and he should pay attention to that. Explores and develops copper and gold in Mongolia.

Opinion about FDY-T: Looks like an interesting exploration/development company.Will watch company to see how results pan out.Financial certainty a concern.Might buy shares down the road.

Opinion about FNV-T: Likes commodities right now. It was stuck forever around $200, and now we've seen a classic breakout and it's pulling back. Assuming the neckline is $200, if it can hold $200 and bounce off it positively, he'd buy. Great-looking chart as long as it can hold the neckline.

Opinion about FVI-T: Cheap on any fundamental basis. Jurisdictions it operates in keeps a lid on it. Pretty good at the acquire-and-develop business model. His one criticism is that instead of having one Tier 1 asset, it has a collection of Tier 2s. Very strong development pipeline; FCF looks good 3 years out, even with…

Opinion about GMIN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research GMIN has been showing great momentum over the past couple of years, alongside the broader increase in the price of gold. It is a $4.0B gold producer with strong sales and earnings growth estimates, and a positive cash flow profile. It has…

Opinion about III-T: Will respond to copper prices if those prices move up. Tier 2 assets. Impressed with financial backing of the company. Not considering buying.

Opinion about IMG-T: Consistent theme across his Top Picks will be companies that are going to rerate, due to new projects or a shift in business.This one has benefited from strong gold prices, but real upside will come from the Cote gold mine around Sudbury. It will start to operate at full speed by end…

Opinion about K-T: He owns Alamos and Agnico-Eagle as well as others. Gold is having a moment and should continue.

Opinion about MUX-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research MUX is a 'love it or hate it' stock. Mr. McEwen has his fans, and his not fans. He is an aggressive CEO, and has grown via acquisition. He had good success decades ago, not so much since. He owns 15% of…

Opinion about NG-T: Leveraged call on gold. Very large, undeveloped deposit with very high upfront capital costs. If gold price continues to do well, will ultimately find a partner to put its asset into production. If gold price doesn't do well, value trap.

Opinion about OR-T: (A Top Pick Mar 11/24, Up 67%) Everybody loves gold now. Still only trades at 1.1x NAV. Cheaper on valuation than AEM, and still growing. Gossip that one of its downed mines might come back, so that's a catalyst. He'll always have an allocation to gold. See his Top Picks.

Opinion about SEA-T: Owns shares in company.Be patient in terms of returns.Present gold prices will not generate returns for shareholders. Higher gold prices important for shareholders to see return on capital. Good proxy for higher gold prices. 

Opinion about SSL-T: Mistakes in capital deployment were made about 3 years ago. Believes Turkiye mine will go into production, and cashflow will really change this company. Now using FCF to pay down debt rapidly. Either share price goes up, or company is taken over.

Opinion about SSRM-T: One of the most senior producers of silver. Silver is better than gold, as the bulk of silver production comes from copper mines. Silver just crossed $24, and there's lots of upside. SSRM has a $28 price target. He wants something that will benefit once inflation is realized.

Opinion about TKO-T: Does not own shares. Prefers companies companies with lower costs and higher return on capital. 

Opinion about TLG-T: Going to build a mine in Quebec, unless someone buys them. Veterans of the industry, with engineering and geological expertise, have joined the company. Has letters of intent for over $1.3B from export development companies, including Canada. Going through financing, which should be in place Q1 next year. Fully permitted. Probably a royalty…

Opinion about TXG-T: Has traded at a big discount to the group for a long time, then made a big move the past year. One Mexican mine is shutting down naturally, but will be replaced by another mine, so they aren't losing production levels. Have extended reserves overall to maintain production mid-2030s. Are generating free…

Opinion about URE-T: Uranium Stocks. Of the Juniors he likes this one and it has the most potential and the least risk in terms of balance sheet. Bringing a couple of assets into commercial production. He would not jump in after today’s run but otherwise it looks good.

Opinion about USA-T: Junior speculative. Not profitable. At the price for gold and silver today, if a company's not profitable you have to ask why. He doesn't play penny stocks, and certainly not in the junior mining area. A very challenging asset class; he learned his lesson 35 years ago.

Opinion about WDO-T: (A Top Pick Jul 24/25, Down 6.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WDO has triggered its stop at $16.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 6%, when combined with our previous guidance.   

Opinion about WPM-T: Still owns gold through ETFs. Rates 9/10 in her book. Shares enjoy a great upward trend. Continues to hold this.

Opinion about ARTG-X: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has lots of cash but does not have revenue. They have interesting assets. Good potential with $200M in cash to develop its properties. Management is working aggressively to quickly build out the company. Unlock Premium - Try 5i Free

Opinion about DAN-X: This has an igneous phosphate deposit, as opposed to the sedimentary type of deposit that comes from Morocco. They have a positive feasibility study and a very high CapX, and are working through the permitting cycle. What they need is one of the big agricultural companies to do a buyout and develop…

Opinion about EMX-X: Uses geographic knowledge and entrepreneurial acumen to stake large-scale exploration projects around the world, and then farms them out to other people and gets the carried interest (which eventually turns into a royalty). From time to time, it buys operating royalties. Selling at a discount. Absolutely no need to issue new shares because…

Opinion about EQX-T: In the very near term, may trade off because it's acquiring CXB. Looking out over 1 year, suspects Canadian operations will ramp up and they'll do very well as they generate more free cash. Larger size means likely included in more indexes.

Opinion about FWZ-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The company claims to have the highest grade deposit of tungsten in the world, in Canada (Yukon and NWT), so in a safe jurisdiction. But as a developer it has no revenue, losses and negative cash flow. It does have $37M cash,…

Opinion about PTU-X: Junior company that is basically raising money to explore for uranium. Sometimes takes years to find a deposit. Have to be patient. Some interesting prospects in the Athabascan basin. Pretty strong drill program for the first half of 2008. On negative days, you could pick some up for a short-term trade.(Buy uranium…

Opinion about TVI-X: 10 years ago he owned it and did very well. He got interested again, but he can’t reach the company over the last two weeks. Lost $2.2 Million this last quarter. He is watching it closely. 450 Million shares fully diluted. He wants confirmation they will not do a concentration.

Opinion about AI-T: (A Top Pick Mar 11/24, Up 14%) More conservative than TF, and he owns both. Core position. Nice dividend. Not trying to shoot the lights out, just want to collect the income and reinvest.

Opinion about BANK-T: leveraged options When you add leverage to a portfolio, you get more volatility. When it's good, it's too good to be true, because it's working, but when leverage declines, it hits you hard. The yield is high here, but if you're bullish, but the underlying stocks. Overall, is a fine strategy but…

Opinion about ERE.UN-T: Doing the right things, but public market is not rewarding it. Selling assets piecemeal until the REIT is liquidated, now about 50%, and distributed income to investors. Hold on, still lots of value. Could buy comfortably here as it's trading below $2.50 per share, but assets arguably are worth $3.

Opinion about FCR.UN-T: (A Top Pick Oct 31/24, Up 14%) Recession- and tariff-resilient. Very defensive. Lots of growth. Record-high occupancy levels of 97.2%. Renewing leases at 16%, above historical averages. Still lots of good upside.

Opinion about GWO-T: (A Top Pick Aug 14/24, Up 31%) Are totally different from MFC and SLF which have businesses in China and India. GWO instead has business in Europe where they can buy attractive companies. Is an income stock. Trades at only 11x PE, with strong growth. A core holding. Pays a dividend around…

Opinion about IAG-T: (A Top Pick Nov 13/20, Up 33%) Has started buying back shares and paying dividends. Financials should do well as the yield curve steepens. Valuation is not as compelling as before. Middle of the pack. Has moved to US banks and non-financial banks in Canada.

Opinion about PHYS-T: Stockchase Research Editor: Michael O'Reilly We again reiterate this trust holding unencumbered gold bullion as a TOP PICK.  Fears of a challenge to US Federal Reserve leadership by the US Administration could cause gold to spike in the weeks ahead -- some analysts project towards $5000.  We recommend trailing up the stop…

Opinion about POW-T: (A Top Pick Aug 15/24, Up 53%) Still a big part of his portfolio, but he's trimmed because it became too big a weighting. Increases dividend by 7% annually, and this will continue. Dividend of 4.5% plus growth of 7% equals return of 11-12% for a low-risk company.

Opinion about TD-T: Look at beginning of 2022 on the chart -- stock recently broke through that level. So you'll get some new buyers and less resistance. Historically, financials have some pretty big upside this time of year. If you own, no reason to sell. If you're overweight, look to trim (perhaps in December). Lots of…

Opinion about ZDC-X: Really likes it, and so do his firm's fundamental analysts. Strong fundamental story. Technicals are awesome. Good run. Add on weakness. Expect a consolidation or correction in next month or two, and that's when he'd be looking to add.

Opinion about BDGI-T: Are the biggest in North America and boast a top management team. Business is doing very well. Will be margin expansion. They are not overbuilding. 8% of business is from data centres. 10% is from Canada, but will accelerate if the Build Canada bill goes ahead. Still trades at an attractive PE.

Opinion about CAE-T: One of only 2 names they own that doesn't have a dividend, so they have to be extra-convicted on the stock price. Its 2 sectors should work in investors' favour over the long run. Flight simulators for pilots amidst a pilot shortage. Defense side has been suffering, but PM Carney has announced…

Opinion about CHE.UN-T: Was his top pick last November. It will continue to do well. Is selling at 12x PE and little above book value. Pays a generous dividend. Are redeeming their convertible debentures and replace that with less expensive debt. There could be a little dilution. Will continue to hold.

Opinion about SVI-T: Really hot area a couple of years ago. Not a ton of barriers to entry, so supply/demand can change rapidly. Not a lot of differentiation, because "a box is a box". Sector doesn't have strong enough defensive capabilities.

Opinion about VNP-T: Based in Montreal. Supply specialty semiconductors and performance materials. Customers such as a manufacturer of solar panels. FSLR in the US, one of VNP's biggest customer, guided down. Stock dipped. Need to get a handle on tariff impact. Not growthy enough for him.

Opinion about ENB-T: Technical analysts love to give fancy names to chart patterns 😉  The 5-year for this name is showing a cup and handle -- with that rounded bottom, perhaps a little pullback, and then a breakout and consolidation. Also a nice swing trade. Now testing the breakout point, and successfully so. Looks good.

Opinion about SES-T: One business is transmission -- stable, secure, predictable, about 20% of total. Waste business is the other 80% -- cleaning up in oil & gas segment, stable and recurring. Trades at 12x PE, in line with the energy services business (except it's a waste management business, which trades at twice the multiple). The…

Opinion about TOT-T: Well-run company. Always trades at a bit of a discount to the sector because of the nature of the business. Not a bad one to get into.

Opinion about TRP-T: Will invest more in the U.S. One of his key energy holdings. Is more opportunity to invest in the US, so there is growth, despite being a highly levered company.

Opinion about FO-X: Gas play in Hungary. There is gas there but can you get it out and can you do it economically? It is very deep. Exxon is a good partner but a slow one.

Opinion about CRRX-T: (A Top Pick Nov 09/21, Down 51%) The largest provider of pharmaceutical services in Canada. Growing organically and by acquisition. Has higher labour costs - margins should be compressed short term but not longer term. Good management.

Opinion about CWEB-T: Wellness drives CBD demand and there's more competition entering this space. The CBD market continues to expand into drinks and food. He used to own this, but sees better opportunities. But CWEB is one of the U.S. leaders in this crowded space, so it's okay. You want to be in this space.

Opinion about EXE-T: Both LTC and home healthcare. Long waitlist for LTC beds, so no risk on earnings side. Very good at managing margins. Home healthcare is what's growing -- asset light, so dividend won't be as enticing as with other names. Demographics are on its side, but it's hard for him to assign a NAV…

Opinion about OGI-X: Flies under the radar, not top tier because of its size. Tremendous respect for management team. Very efficient, and that's probably why BATS invested. Will be one of the fastest growing sectors in next decade.

Opinion about NVDA-Q: Sees more upside, very bullish. Owns many shares. Q2 reported record revenues. Is still dominant in AI chips. Boasts high margins. A high PE, yes. Don't buy all in now, but be tactical. She trims when the stock price runs up, so you need to actively manage this.

Opinion about GSI-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research GSI has shown historical growth, but has no analysts so no estimates are available. It has some cash and is cash flow positive, and has been profitable. Insiders own 14%. The stock has not done much, but it is a very small…

Opinion about PNG-X: Likes it a lot. Would suggest a longer hold than 2-3 years, as it's a relatively small company. Batteries, sonar, military. Products are robust and customers like them, but their small size was an impediment. Borrowed $100M to shore up balance sheet. Contract backlog is growing.Market cap is now over $1B, which…

Opinion about GIB.A-T: A near-shoring play involving contracts with the US government. Musk and the DOGE belt-tightening may have upset the apple cart. They also do a lot of business with the Canadian government and our banks, and PM Carney has been looking for efficiencies as well.More steak, rather than having the sizzle of AI.…

Opinion about CSU-T: Technically, you have to use the chart for adding to this one. Software has a bit of a harder time with the AI themes. Still an M&A buildout model in a fragmented space. Good growth. Reasonable multiple. He'd be more a buyer than a seller.

Opinion about DND-T: Better opportunities elsewhere in higher-probability stocks. Very competitive business. He doesn't understand the analysts' price target average, and that's what lures people in. (Analysts’ price target is $36.40)

Opinion about ILLM-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Acuity Ads Holdings Inc (AT) stock was up 25.49% in the month but down 46.22% YTD. Its stock price rose precipitously to more than $32 in February 2021 and had fallen to over $4 at the beginning of 2022 and by November 4th…

Opinion about BWLK-X: Recommend an A.I. micro-cap They have a big contract with a large U.S. bank.

Opinion about IFP-T: The lumber industry in Canada has been in the line of sight for tariffs for the past decade. Housing prices have depressed the price of lumber for the past 2 to 3 years. One he likes in this sector is Doman Building Materials which is more of a processor of lumber. It…

Opinion about CFP-T: Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. WFG has done the best in holding its share price.IFP and CFP have really started to bottom on the charts. He hasn't done enough digging to know who has a better earnings…

Opinion about GCL-T: They own a series of food distribution businesses. It appears they are not making any money from them. It appears to be a scale problem.

Opinion about PYR-T: There is a solid plan to build out the company. Plasma can be used in several different industries. If buying, start with a small quantity.

Opinion about WFG-T: (A Top Pick Oct 17/24, Down 23%) (All the past picks today were from October, when he thought we were late cycle. His view is that we've started a new cycle, so tech and consumer discretionary risk-on names should do better.)Usually a really nice trade if you buy at Halloween, sell at…

Opinion about ASTL-T: Amid new tariff threats. Go back to the 2017 timeframe and look at the last time he did this with steel and aluminum. Cheap for a reason. Need a high tolerance for risk and volatility to put a position on right now. These names are down, compared to US names that are…

Opinion about AX.UN-T: Diversified across type and geography. Recent announcement would see it effectively sold at 44% discount to integral value. Distribution moving from monthly to quarterly, and much lower. Definitely avoid.

Opinion about HOT.UN-T: They own U.S. hotels, a high-risk, high-reward stock. He's bearish on hotels, which is struggling with labour costs and keeping labour. HOT.UN has done a good job restoring vacancies, in the low-70s, though their peak was in the 80s. However, they've made up the balance on their hotel rates. Their balance sheet…

Opinion about TOY-T: A definite series of lower highs and lower lows. Continues to languish, downtrend remains in place. Value trap. Unless something changes, just avoid. So many other good places to put your $$ to work.