Source: Financial Modeling Prep · peers by sector/industry
Insider activity (SEC Form 4)
No recent Form 4 filings on EDGAR — either no insider transactions reported recently or this isn't a SEC-registered issuer.
Valuation
Trading at 53.7× earnings vs its 25.3× historical median P/E.
Fair value ≈ $17.42 · price $36.94 today
Overvalued · 112% above
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Fair-value line = the stock's median historical P/E × earnings. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
$SILJ $SIL $EXK $PAAS $FNLPF
Buckle up.
If we see $500 silver by summer, the mining equities are finally going to hit rocket 🚀 mode.
My call for silver remains at $180
Floor $100
We’re still in a great accumulation cycle for miners.
https://x.com/thegladiatorhc/status/2057723358578671816?s=46
when we look at the largest silver producers, whom are also primarily silver producers, we see that $FNLPF $PAAS $HL $AG $CDE are likely the large caps that will be looking to consolidate the silver miners the most. so owning any of these is a guarantee that you'll catch that ride all the way to the end.
currently, fresnillo has 2.7B cash, panam 1.3B, first majestic 1B, coeur 0.5B and hecla 0.25B. coeur just bought new gold, they will need time to integrate things and get their cash up. fresnillo, panam and first majestic on the other hand are likely already looking. hecla is being left behind, for now.
i think first majestic will buy silver storm, because they sold them their la parilla mine. so they know the asset and the area. and with it, they could get the huge san diego deposit that will altogether increase their production by 13-18 Mtoz AgEq.
i could see merger of USAS and Hecla.
Coeur will very likely buy Avino as they sold them their la precious mine in 2022.
$CDE
2026 production projection, given average gold price of $5000, silver $200 and copper $6, that gives us income of:
$NEM 5.3M gold, 36M silver, 120k copper = 26.5B+7.2B+0.7M=34.5B
$B 3M gold, 200k copper=15B
$AEM 3.5M gold=17.5B
$FNLPF 500k gold, 45M silver=2.5B+0.27B=2.75B
$CDE 800k gold, 20M silver, 60M copper=4B+4B+0.36B=8.36B
Marketcap / income
Newmont: 128.8/34.5 = 3.7x
Barrick: 69/15 = 4.6x
Agnico: 100/17.5=5.7x
Fresnillo: 33.9/2.75=12.3x
Coeur: 20/8.36=2.4x
right now, coeur has good exposure to gold, silver and copper and is trading at the smallest multiple of the largest gold and silver producers.
to add, first majestic is at 14M silver, 120k gold and 1M copper, making it 2.8B+0.6B+6M=3.46B, trading at 10B/3.46B=2.89x
So Coeur and Newmont provide the best play for wide exposure to metals while first majestic proving best silver-focused play.
The advantage of Newmont is that it is a large cap company so when capital starts to move into metals, they will be like a Mag7 type of stock.
$FNLPF Silver: The 2026 target range has been reduced to 42.0 – 46.5 million ounces (from the original 45.0 – 51.0 million ounces).
Gold: The gold production forecast has been set at 500,000 – 550,000 ounces.
Silver equivalent: Total production is expected to be in the range of 91 – 102 million ounces silver equivalent.
Base metals: Lead production is expected to be between 56 kt – 62 kt and zinc between 93 kt – 103 kt.
$FNLPF $CDE $AABB $HYMC $PAAS
what a great time to be investing in silver miners ,,,silver up 5% today ,,, just checking in on the bears to see how they are holding up.
$SIL $VIZSF $ABRA.TSXV $FNLPF
I have been optimistic for Fresnillo, Vizsla and chinese mining companies. But after I have seen this video, I think its is better to hold companies with silver mines only in canada like Dolly Varden, Seabride Gold (Gold, Copper, Silver) and Skeena Resources (Gold, Silver).
They Just Seized The Supply Chain
Minute 16:50
"Avoid mexican exposure"
https://youtu.be/cP1e5U_V0YM
