- The major gold miners’ recently-reported Q4’20 results revealed their best quarter ever per multiple key fundamental benchmarks. Revenues, adjusted earnings, operating cash flows, and cash treasuries surged to record highs.
- Last quarter was this sector’s sixth in a row of strong mid-double-digit earnings growth, which has to be unparalleled in all the stock markets! Valuations collapsed to record lows.
- Despite these incredibly strong fundamentals, traders have largely abandoned this high-potential sector due to its recent correction. Today’s anomalously low gold stock prices driven by popular bearish sentiment will mean revert dramatically higher.
For further details see:
Gold Miners' Q4 2020 Fundamentals