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

Gold Price Correction: Six Stocks That Are Dirt Cheap

Newmont Mining (NEM US): Q2 FY26 Results, Record Second Quarter FCF Despite Softer Gold Price

Gold Equities: A Detailed Look At The Capital Allocation Plans Of Our Universe - Barrick Gold (B US)

OceanaGold Philippines (OGP PM) Q1FY26: Net Cash And Trading At A ~11% Yield On 4,500 USD/Oz Gold

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

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

<ul>
<li>We expanded our coverage to seven gold companies, including Wesdome Gold Mining (WDO CN), which just released its Q1FY26 earnings. We will write a detailed insight on it shortly.</li>
<li>
<a href="https://www.smartkarma.com/entities/oceanagold-philippines-inc" target="_blank" data-smartkarma-citation="entities:40897:1" rel="noopener">OceanaGold Philippines (OGP PM)</a> trades at an 11% dividend yield and 9.2x PE, while <a target="_blank">Apex Mining Co (APX PM)</a> trades at an 8.3x PE valuation with a 6% yield. </li>
<li>Amongst the large caps, <a href="https://www.smartkarma.com/entities/barrick-mining-corporation" target="_blank" data-smartkarma-citation="entities:21023:1" rel="noopener">Barrick Mining (B US)</a> and <a href="https://www.smartkarma.com/entities/newmont-mining-corp" target="_blank" data-smartkarma-citation="entities:14503:1" rel="noopener">Newmont Mining (NEM US)</a> trade at 8.3x PE and 10x PE, respectively, with 7.2% and 8.1% FCF yields. </li>
</ul>


We expanded our coverage to seven gold companies, including Wesdome Gold Mining (WDO CN), which just released its Q1FY26 earnings. We will write a detailed insight on it shortly.

OceanaGold Philippines (OGP PM) trades at an 11% dividend yield and 9.2x PE, while Apex Mining Co (APX PM) trades at an 8.3x PE valuation with a 6% yield. 
Amongst the large caps, Barrick Mining (B US) and Newmont Mining (NEM US) trade at 8.3x PE and 10x PE, respectively, with 7.2% and 8.1% FCF yields. 


Gold At 4,500 USD/Oz: Seven Ideas To Look At In the Gold Space