Going back many years, every time I bought that stock, I lost money on it. I don’t know what it is, that made me buy it each time (maybe to get my money back) but I made up my mind I would never buy it again. Telling myself it has NG in the symbol, which stands for no good. 🙂
The numbers on it look good $2bill cap, it has earnings and a P/E, rated C by Schwab etc. There are too many other gold miners to buy that perform better, like BTG, MUX, GSS, KLDX, GSV etc.
Besides that, Silver miners look like a better bet since Silver spot is sooooo low. Silver miners? They all look good, AG CDE HL EXK ASM AXU GPL HL PAAS MAG