The throughline in this week’s Stockhouse Gold Report has to do with gold stocks tracking companies that’re beginning to leave speculation behind for the more stable world of value creation.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
We begin with Agnico Eagle Mines (TSX/NYSE:AEM), a top global gold miner, investing C$57.15 million in Radisson Mining Resources (TSXV:RDS), a small-cap explorer in Quebec, whose past-producing, low-cost, multi-million-ounce O’Brien project is one of the most attractive in the province.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$4,626.98, according to data from ADVFN, up from US$4,370.30 per ounce in our August 19th report, compensating for the US government announcing that it will ramp up bond repurchases to get rallying yields under control, with the 30-year treasury hitting a 20-year high of 5.3 per cent. Concurrently, higher oil prices and trade wars are serving to erode business confidence, which may force the hand of central banks to cut interest rates and recharge the commercial landscape.
This week in gold
GoGold Resources (TSX:GGD) bolstered its value proposition by kicking off fully-financed construction of its Los Ricos South mine in Jalisco, Mexico, whose feasibility study estimates a 15-year mine life producing 41 million silver ounces, 424,000 gold ounces and 11 million pounds of copper. The mine’s first gold pour is expected by June 2028. The company, already a polymetallic producer, posted record operating cash flow in Q3 2026.
We carry on with New Found Gold (TSX: NFG; NYSE American: NFGC), whose stock will begin trading on the TSX under the symbol “NFGC” on August 26th, 2026. The move holds the potential to bring the company’s combination of near-term production and a vast growth runway to a more global subset of investors. Its flagship Queensway project, valued at C$743 million at a base case of US$2,500 gold, quickly surpasses the company’s market cap at current spot prices.
Wrapping up, we turn to Cabral Gold (TSXV:CBR), which attracted a C$44.9 million investment from Alpayana, a private mining company operating six mines in Peru and Mexico, whose four decades in the industry go a long way towards de-risking its path ahead. Cabral’s crown jewel, its Cuiú Cuiú project in Brazil, is on track for its first gold pour in September and hosts a more than 1-million-ounce resource according to a certified estimate.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 15,600+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 9,700+ views.
- Tudor Gold (TSXV:TUD) | 7,800+ views.
- Monument Mining (TSXV:MMY) | 5,700+ views.
- First Mining Gold (TSX:FF) | 3,300+ views.
- Equinox Gold (TSX:EQX) | 3,300+ views.
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