BMO maintains top precious metal miners in their portfolio
Metals companies have been on the rise this year as the pandemic has
taken its toll on the dollar and investors flocked to precious metals.
According to one Canadian Bank, some of the largest gold producers have
seen some significant increases in their stock value with this rise.
BMO,
in their latest client update, still recommend holding the likes of
Agnico Eagle, Barrick, Endeavor Mining, Equinox Gold, Newmont, Pan
American Silver, SSR Mining, Torex Gold, and Wesdome Gold Mines.
The
bank’s mining analysts continue to recommend holding senior producers
as they maintain their current guidance on the gold and silver price.
In the report, the bank stated that they see gold prices averaging
above $1,800 an ounce through 2023.Read more at: precious metal miners
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