- Gold juniors with African projects continue to get no respect from the market, with a median valuation of $18.87/oz, less than half the valuation of Australian gold juniors.
- This significant discount is tied to the much higher risk assigned to African gold juniors given the much lower investment attractiveness of Africa as an operating jurisdiction.
- This articles compares valuations across the sector currently, outlining where a premium is warranted and which names deserve to be discounted for different reasons.
For further details see:
African Gold Juniors' Valuations: Q3 2020