Screened through gold producers and royalty companies narrowed down to Newcrest (NCMGF) and Newmont (NEM) for further research.
Both companies have better than average free cash flow yields and sustainable levels of debt.
Newcrest in particular has a low all-in sustainable cost of $720 per ounce.
This article follows up on a hunch about getting gold exposure I talked about for my portfolio. In my trade ideas section, I mentioned that I will be building on upstream gold companies and have