Gold | Metal Pilot Blog

Alamos Gold (AGI) — Stock Analysis 2026 [4.1]

Alamos Gold has 15.9 million ounces of reserves booked at an $1,800 gold price, four funded growth projects with published economics, net cash on the balance sheet — and a share price of $35.66, 28% above its July low, …

Last Update Sep 15, 2026 93 min read Gold Precious Metals Company Analysis

Aris Mining (ARIS) — Stock Analysis 2026 [3.9]

Aris Mining runs two of the highest-grade underground gold mines in the Americas — Segovia’s reserves average 10.70 g/t, five times a typical open-pit senior’s grade — while assembling two of South America’s largest …

Last Update Sep 7, 2026 77 min read Gold Precious Metals Company Analysis

Northern Star (NST) — Stock Analysis 2026 [3.6]

Northern Star is Australia’s largest gold miner, it owns the biggest gold mine in the country, and it has just spent three years and A$1.6 billion rebuilding that mine’s processing plant while missing its own guidance …

Last Update Sep 2, 2026 93 min read Gold Precious Metals Company Analysis

Freeport-McMoRan (FCX) — Stock Analysis 2026 [4.1]

Freeport-McMoRan is the largest publicly-traded copper producer in the world outside the state giants, and the purest large-cap bet a US investor can take on the metal that electrifies. The thesis in one line: a …

Last Update Aug 19, 2026 33 min read Copper Gold Base Metals Company Analysis

Vox Royalty (VOXR) — Stock Analysis 2026 [3.5]

Vox spent 2025 doing what it has done since inception — quietly buying good, overlooked mining royalties at a discount and letting them come to production — and posted record results as they did. The thesis in one line: …

Last Update Aug 14, 2026 31 min read Gold Precious Metals Company Analysis

Elemental Royalty (ELE) — Stock Analysis 2026 [4.1]

Elemental spent 2025 doubling in size twice over: revenue up 128% as its royalties ramped, and a transformational merger with EMX Royalty that turned a small gold royalty into a genuine mid-tier. The thesis in one line: …

Last Update Aug 14, 2026 30 min read Gold Precious Metals Company Analysis

Metalla Royalty (MTA) — Stock Analysis 2026 [3.5]

Metalla spent 2025 crossing the line from a promise into a business: record revenue, its first-ever quarter of positive net income, and a portfolio “inflection” as royalties bought years ago began to pay — led by …

Last Update Aug 14, 2026 34 min read Gold Precious Metals Company Analysis

Gold Royalty (GROY) — Stock Analysis 2026 [3.4]

Gold Royalty spent 2025 finally turning a five-year acquisition spree into cash: record revenue, its first genuinely strong operating cash flow, and a debt-free balance sheet, as royalties and streams it had bought years …

Last Update Aug 14, 2026 36 min read Gold Precious Metals Company Analysis

Precious Metals Royalty Companies Compared (2026)

Five precious-metals royalty and streaming companies, five different answers to the question of how to own an ounce you never dig up. One paid US$4.3 billion in a single February morning to double a silver stream on a …

Last Update Aug 12, 2026 58 min read Gold Precious Metals Sector Analysis

OR Royalties (OR) — Stock Analysis 2026 [4.0]

OR Royalties spent 2025 quietly compounding: a “triple crown” of record revenue, cash flow and earnings, a fully repaid credit facility that left it debt-free for the first time in a decade, and a steady stream of …

Last Update Aug 12, 2026 68 min read Gold Precious Metals Company Analysis

Triple Flag (TFPM) — Stock Analysis 2026 [4.4]

Triple Flag Precious Metals is a Toronto-based, asset-light royalty and streaming company that owns 242 gold- and silver-linked interests across nine countries and takes none of the operating or capital-cost risk of …

Last Update Aug 12, 2026 67 min read Gold Precious Metals Company Analysis

Wheaton Precious Metals (WPM) — Stock Analysis 2026 [4.5]

Wheaton Precious Metals is the largest listed precious-metals streaming company by portfolio breadth — 42 long-term agreements across 48 mining assets in 18 countries, anchored by a 75% gold stream on Vale’s giant Salobo …

Last Update Sep 9, 2026 76 min read Gold Precious Metals Company Analysis

Royal Gold (RGLD) — Stock Analysis 2026 [4.2]

Royal Gold spent 2025 becoming a different company. With the ~US$4.1 billion all-stock acquisition of Sandstorm Gold and Horizon Copper and a US$1.0 billion gold stream on First Quantum’s Kansanshi mine, it vaulted from …

Last Update Aug 12, 2026 72 min read Gold Precious Metals Company Analysis

Franco-Nevada (FNV) — Stock Analysis 2026 [4.6]

Franco-Nevada is the royalty and streaming sector’s longest-tenured franchise — founded in 1986, IPO’d in 2007, and now holding 430 royalty, stream and other interests (119 producing) spread across precious metals, other …

Last Update Aug 12, 2026 64 min read Gold Precious Metals Company Analysis

Best Gold Royalty Stocks by GEOs (2026)

The best gold royalty stocks are easiest to rank on one number the whole sector reports: attributable gold-equivalent ounces, or GEOs — the production a royalty or streaming company is entitled to without operating a …

Published Aug 12, 2026 11 min read Gold Precious Metals Ranking

Coeur Mining (CDE) — Stock Analysis 2026 [3.9]

Coeur Mining spent 2025 and early 2026 turning itself from a chronically higher-cost, debt-laden silver-gold miner into the thing it always said it wanted to be: a scaled, net-cash, all-North-American precious-metals …

Last Update Aug 11, 2026 38 min read Gold Precious Metals Silver Company Analysis

First Majestic Silver (AG) — Stock Analysis 2026 [2.9]

First Majestic Silver is one of the purest large silver bets on the market — a senior producer that still earns most of its money from silver, not gold, at a moment when silver has run to ~$66 an ounce. It runs four …

Last Update Aug 11, 2026 44 min read Silver Precious Metals Gold Company Analysis

Endeavour Mining (EDV) — Stock Analysis 2026 [3.3]

Endeavour Mining is the largest gold producer focused entirely on West Africa — about 1.2 million ounces a year from Côte d’Ivoire, Senegal, Burkina Faso and Mali — and it is one of the cheapest gold stocks anywhere: …

Last Update Aug 8, 2026 30 min read Gold Precious Metals Company Analysis

Evolution Mining (EVN) — Stock Analysis 2026 [4.1]

Evolution Mining is one of the lowest-cost gold producers in the world, and the reason is copper: two of its five mines are copper-gold operations whose copper by-product credits push their gold all-in sustaining cost …

Last Update Aug 8, 2026 37 min read Gold Precious Metals Copper Company Analysis

Pan American Silver (PAAS) — Stock Analysis 2026 [3.3]

Pan American Silver is the leading listed silver producer — about 23 million ounces of silver a year — but at today’s prices it is really a silver-and-gold company, earning more revenue from its 740,000 ounces of gold …

Last Update Aug 8, 2026 41 min read Silver Precious Metals Gold Company Analysis

Kinross Gold (KGC) — Stock Analysis 2026 [3.3]

Kinross Gold is a mid-scale senior producer — about 2 million ounces a year from mines in the United States, Brazil, Chile and Mauritania — that has quietly become one of the strongest balance sheets in the sector: net …

Last Update Aug 8, 2026 40 min read Gold Precious Metals Company Analysis

Gold Fields (GFI) — Stock Analysis 2026 [3.4]

Gold Fields is a mid-to-senior gold producer with nine mines on four continents, and it is the cheapest and highest-yielding of the large gold names — about 9.5× trailing earnings, 7.3× forward, and a 3.8% dividend …

Last Update Aug 8, 2026 40 min read Gold Precious Metals Company Analysis

Barrick Mining (ABX) — Stock Analysis 2026 [3.7]

Barrick Mining is the world’s third-largest gold producer and, increasingly, a serious copper company — 85 million ounces of gold reserves and roughly 40 billion pounds of copper, spread from Nevada to Mali to Pakistan. …

Last Update Aug 8, 2026 44 min read Gold Precious Metals Copper Company Analysis

Newmont (NEM) — Stock Analysis 2026 [4.0]

Newmont is the largest gold miner in the world, and after two years of digesting the US$16.8 billion Newcrest takeover it has spent 2025 doing the harder, quieter work: selling six mines, paying down debt, and turning a …

Last Update Aug 13, 2026 43 min read Gold Precious Metals Company Analysis

Agnico Eagle (AEM) — Stock Analysis 2026 [4.6]

Agnico Eagle is the second-largest gold producer in the world, the largest company on the Toronto Stock Exchange by market value at times in 2026, and — unusually for its size — it keeps roughly three-quarters of its …

Last Update Aug 7, 2026 48 min read Gold Precious Metals Company Analysis

GoldMining (GLDG) — Stock Analysis 2026 [3.9]

GoldMining Inc. is one of the most unusual structures in the gold sector: a debt-free holding company whose market value is almost entirely covered by the cash and listed securities on its balance sheet — meaning the …

Last Update Aug 6, 2026 37 min read Gold Precious Metals Company Analysis

NexGold Mining (NEXG) — Stock Analysis 2026 [3.8]

NexGold Mining is trying to do something only a handful of Canadian juniors manage: turn two studied, permitted gold projects into an operating mid-tier producer without giving the upside away first. The thesis in one …

Last Update Aug 6, 2026 42 min read Gold Precious Metals Company Analysis

OceanaGold (OGC) — Stock Analysis 2026 [3.6]

OceanaGold is a four-mine intermediate that spent the last three years fixing its balance sheet — from US$238 million of net debt at the end of 2021 to US$565 million of net cash today — and has just delivered the best …

Last Update Aug 6, 2026 38 min read Gold Precious Metals Company Analysis

Gold — A Complete Market Guide (2026)

Gold is the oldest monetary asset still trading every business day, and in 2024–2025 it did something unusual: it set record highs while nominal interest rates were high — a regime that normally works against it. This …

Published Jun 21, 2026 45 min read Gold Precious Metals Guide