Globe editors have posted this research report with permission of Dundee Capital Markets. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
With the gold price coming under pressure in 2013 and no end in sight, the list of gold producers who can demonstrate the following is getting pretty thin:
- 1) Free Cash Flow positive operations
- 2) increasing production
- 3) low geopolitical risks
- 4) a solid balance sheet
Of the few names that make up this list, OSK emerges as our favoured name in our coverage universe and we present a summary of the reasons why it earns this title and a BUY rating with a $7.00 target.
Story continues below advertisement
Read the full report here.
Read other research reports here.