Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Barrick Gold (B US): An Option For Investors Looking At Diversified Asset, Large-Cap Gold Exposure

Newmont Mining (NEM US): The World's Premier Gold Miner At ~10% FCF Yield

Barrick Mining (B US): Solid Q1 FY26, NGM IPO On Track

CNMC Goldmine Holdings Ltd. (CNMC SP): Cash Rich Gold Play In Singapore

OceanaGold Philippines, Inc. (OGP PM): Another Cheap Play On Gold Price

Comparative Valuation & Gold Price Sensitivity Analysis of Four Gold Stocks

Beyond the Beat: CNMC FY2025 Results Signal a Structurally Higher Earnings Base Heading into FY26

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/apex-mining-co-inc" target="_blank" data-smartkarma-citation="entities:22952:1" rel="noopener">Apex Mining Co (APX PM)</a> is the Philippines' largest listed gold producer, operating two underground mines (Maco and Sangilo). It's in the early stages of developing another large tenement. </li>
<li>
<a href="https://www.smartkarma.com/entities/apex-mining-co-inc" target="_blank" data-smartkarma-citation="entities:22952:1" rel="noopener">Apex Mining Co (APX PM)</a> offers a high-quality, Philippine-domiciled vehicle for gold price exposure with growth prospects. </li>
<li><strong>At a spot gold price of 4,500 USD/oz, the stock trades at 7.5x PE and 5.1x EV/EBITDA, with a 6.6% dividend yield. </strong></li>
</ul>



Apex Mining Co (APX PM) is the Philippines' largest listed gold producer, operating two underground mines (Maco and Sangilo). It's in the early stages of developing another large tenement. 

Apex Mining Co (APX PM) offers a high-quality, Philippine-domiciled vehicle for gold price exposure with growth prospects. 
At a spot gold price of 4,500 USD/oz, the stock trades at 7.5x PE and 5.1x EV/EBITDA, with a 6.6% dividend yield. 


Apex Mining (APX PM): Cheap Play On Gold, With Massive Growth Angle