gNnairdA

miners are undervalued

Largo
TSX:KL   None
I believe miners are selling at a discount right now relative to the movements of gold prices as we compare the april highs we can see gold is currently trading 12% higher while we see KL selling lower at that time period. We can see some bullish divergence and a large gap to fill made from the vaccine news, which I believe was an overreaction from the market, which created an even larger divergence from this miner and gold prices. even if gold moves side ways I believe this miner should move up as the market readjusts for this inefficiency so the RR for this miner is much more appealing than gold atm.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.